Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  BOLSA DE VALORES DE SAO PAULO  >  Companhia Siderurgica Nacional    CSNA3   BRCSNAACNOR6

End-of-day quote. End-of-day quote  - 07/23
10.88 BRL   --.--%
05/31 COMPANHIA SIDER : Notice to the Market - Election of Investor Relati..
05/20 COMPANHIA SIDER : Notice to the Market - Clarification on Transnorde..
05/20 COMPANHIA SIDER : Material Fact - Usiminas Share Subscription
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Brazil Flat Steel Inventories Fell To 1.02 Million Tons In March -Sindisider

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/25/2012 | 11:11pm CEST

Inventories of flat steel products in Brazil fell to 1.02 million metric tons in March, 14.7% lower than a year earlier, steel distributors association Sindisider said Wednesday.

The inventories fell to the equivalent of 2.7 months' sales, said the association, which is linked to national steel distributors institute Inda. Steel distributors' sales, however, also fell by 0.9% from the year-earlier period, to 379,300 tons, Sindisider said.

Brazilian flat steel inventories soared to the equivalent of more than 4 months of sales in 2010, when imports surged into Brazil, attracted by local market growth, high steel prices in Brazil and the strong real. The price premium in the domestic market has since fallen to about 5% over the price of imported steel as local mills have reduced prices to compete.

After a decline in steel import levels in 2011, imports are now, however, rising again, according to Sindisider's figures. Imports grew to 149,400 tons in March, up 11.3% on March 2011, and have risen 18.4% in the first quarter of the year, Sindisider said.

"The sector already feels the effects of the increase in imports, with a fall in sales" of products produced by Brazilian steel mills, said Sindisider President Carlos Loureiro. "Given this scenario, we expect a fall in April, of about 10%, in both distributors' purchases and sales."

-By Diana Kinch, Dow Jones Newswires, Tel: 55 21 2586 6086, diana.kinch@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on COMPANHIA SIDERURGICA NACI
05/31 COMPANHIA SIDERURGICA NACIONAL : Notice to the Market - Election of Investor Rel..
05/20 COMPANHIA SIDERURGICA NACIONAL : Notice to the Market - Clarification on Transno..
05/20 COMPANHIA SIDERURGICA NACIONAL : Material Fact - Usiminas Share Subscription
05/20 COMPANHIA SIDERURGICA NACIONAL : Material Fact - USIMINAS Share Subscription
05/17 COMPANHIA SIDERURGICA NACIONAL : Notice to the Market - Reply to BM&FBOVESPA Off..
05/16 Deutsche sees Rousseff ouster boosting Petrobras, Brazil bank debt
05/12 COMPANHIA SIDERURGICA NACIONAL : CSN announces 1Q16 Results
05/09COMPANHIA SIDERURGICA NACIONAL : quaterly earnings release
05/05 HSBC : Louis Dreyfus, Amaggi hire HSBC to sell terminal stake - Bloomberg
05/04 COMPANHIA SIDERURGICA NACIONAL : 1Q16 Earnings Release Schedule
More news
Sector news : Steel - NEC
07/22DJFosun Group Insurance Unit Files for IPO in U.S.
07/22DJNUCOR : Steelmaker Nucor Makes a Robust Forecast as Profit Jumps -- WSJ
07/21DJNUCOR : Profit Soars on Lower Costs, Improving Steel Prices -- Update
07/21DJNUCOR : Profit Soars on Lower Costs, Improving Steel Price Trends
07/21DJBrazil's Vale Iron Ore Output Falls in Second Quarter
More sector news : Steel - NEC
News from SeekingAlpha
07/12 PREMARKET GAINERS / LOSERS AS OF 9 : 10 am
07/10 Recent Bullishness Of Companhia Siderurgica Nacional Is Unlikely To Sustain
06/24 After Hours Gainers / Losers
06/09 ENERGY/MATERIALS - TOP 5 GAINERS / L : 00 pm
06/08 ENERGY/MATERIALS - TOP 5 GAINERS / L : 00 pm
Advertisement
Financials ( BRL)
Sales 2016 16 168 M
EBIT 2016 1 675 M
Net income 2016 -1 174 M
Debt 2016 26 399 M
Yield 2016 0,05%
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 2,57x
EV / Sales 2017 2,42x
Capitalization 15 096 M
More Financials
Chart COMPANHIA SIDERURGICA NACI
Duration : Period :
Companhia Siderurgica Naci Technical Analysis Chart | CSNA3 | BRCSNAACNOR6 | 4-Traders
Full-screen chart
Technical analysis trends COMPANHIA SIDERUR...
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 14
Average target price 3,93  BRL
Spread / Average Target -64%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Benjamin Steinbruch Chairman & Chief Executive Officer
Fernando Perrone Director
Antônio Francisco dos Santos Director
Yoshiaki Nakano Director
Antonio Bernardo Vieira Maia Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
COMPANHIA SIDERURGICA ..156.25%4 641
VALE SA32.98%25 622
NIPPON STEEL & SUMITOM..-11.86%19 056
ARCELORMITTAL71.76%17 535
POSCO--.--%16 822
NUCOR CORPORATION30.82%16 761
More Results