Log in
Forgot password ?
Become a member for free
Sign up
Sign up
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  - 10/21
10.2 BRL   --.--%
10/20 BUYINS.NET : FRP, IYJ, UPRO, TXRH, SID, VIS Are Seasonally Ripe To G..
09/28 COMPANHIA SIDER : CSN Plans to Sell Congonhas Equities to CBSteel
09/02 U.S. affirms duties on steel from Brazil, India, UK, South Korea
News SummaryMost relevantAll newsSector news 

Brazil's EBX May Join Bidding For New Rio Iron Ore Port -Report

share with twitter share with LinkedIn share with facebook
share via e-mail
05/02/2012 | 06:32pm CEST

Brazil's EBX Group, owned by billionaire Eike Batista, may join the bidding for a new iron ore port area in Rio de Janeiro state, southeast Brazil, O Estado de S. Paulo newspaper said Tuesday, without saying where it got the information.

The port area, known as "Area do Meio" or "Middle Area," is expected to be put up for auction next month by the federally-owned port administrator Companhia Docas de Rio de Janeiro, Estado said.

The Area do Meio is sited at Itaguai between existing ports operated by mining company Vale SA (VALE, VALE5.BR) and steelmaker and mining company Companhia Siderurgica Nacional SA (SID, CSNA3.BR), or CSN. Companhia Docas recently said that the area is to be let out for port development to offer export access to companies producing iron ore at the Serra Azul mountain range in Minas Gerais state, which is linked to Itaguai by a railroad owned by companies including Vale, CSN and steelmaker Usinas Siderurgicas de Minas Gerais SA (USIM5.BR. USZNY), or Usiminas.

Earlier this year, Usiminas and steelmaker ArcelorMittal (MT, MT.FR, MT.AE) confirmed that they were in talks to form a consortium to participate in bidding for the port.

EBX group mining company MMX Mineracao e Metalicos SA (MMXM3.BR) is currently developing an iron ore port at Itaguai capable of exporting 50 million metric tons a year of ore.

MMX will look at the details of the Area do Meio tender when the prospectus for the tender is published, the company told Dow Jones Newswires on Wednesday.

According to Barclays Capital, the Area do Meio terminal will entail investments of around 1.5 billion Brazilian reais ($785 million) and still needs to go through the full environmental licensing process.

The port's iron ore handling capacity should reach around 25 million tons a year, in a 25-year renewable concession, according to Barclays.

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

share with twitter share with LinkedIn share with facebook
share via e-mail
10/20 BUYINS.NET : FRP, IYJ, UPRO, TXRH, SID, VIS Are Seasonally Ripe To Go Up In the ..
09/28 COMPANHIA SIDERURGICA NACIONAL : CSN Plans to Sell Congonhas Equities to CBSteel
09/02 U.S. affirms duties on steel from Brazil, India, UK, South Korea
08/24 COMPANHIA SIDERURGICA NACIONAL : Material Fact - Sale of Metalic
08/16 COMPANHIA SIDERURGICA NACIONAL : Siderurgica Nacional reports 2Q loss
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..
More news
Sector news : Steel - NEC
10/21 After Samarco delay, BHP's 'Jac the knife' to step down
10/20DJBrazil Charges 21 People With Homicide in Samarco Mining Dam Collapse
10/20DJBrazil Charges 21 People in Samarco Mining Dam Collapse
10/20DJBHP Billiton Chairman Nasser to Step Down Next Year
10/20DJNUCOR : Revenue Falls Short of Expectations
More sector news : Steel - NEC
News from SeekingAlpha
10/21 Both Brazil, And Steel, Appear To Be Improving For Gerdau
08/16 Companhia Siderurgica Nacional 2016 Q2 - Results - Earnings Call Slides
08/16 Companhia Siderurgica Nacional's (SID) CEO Benjamin Steinbruch on Q2 2016 Res..
08/15 Companhia Siderurgica reports Q2 results
Financials ( BRL)
Sales 2016 16 469 M
EBIT 2016 1 684 M
Net income 2016 -1 035 M
Debt 2016 25 211 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 2,39x
EV / Sales 2017 2,30x
Capitalization 14 153 M
More Financials
Duration : Period :
Companhia Siderurgica Naci Technical Analysis Chart | CSNA3 | BRCSNAACNOR6 | 4-Traders
Full-screen chart
Technical analysis trends COMPANHIA SIDERUR...
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus UNDERPERFORM
Number of Analysts 12
Average target price 5,10  BRL
Spread / Average Target -50%
Consensus details
EPS Revisions
More Estimates Revisions
Benjamin Steinbruch Chairman & Chief Executive Officer
Paulo Rogério Caffarelli Principal Financial Officer
Fernando Perrone Independent Director
Yoshiaki Nakano Independent Director
Antonio Bernardo Vieira Maia Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
VALE SA81.85%32 415
ARCELORMITTAL104.33%20 681
NIPPON STEEL & SUMITOM..-13.99%19 020
POSCO--.--%18 508
More Results