Business Services Industry

Brazil : CSN has performance with.

South American Business Information, August, 2000

The good performance of automotive, and civil construction sectors boosted the sale of iron and steel sector. CSN (Companhia Siderurgica Nacional) announced R$146.3mil in profits for 2000 first half of the fiscal period (Jan - June), with a 21,6% growth on its sales in domestic market, that represents 75% of the overall sales. Domestic market absorbed 1.6mil m tons of steel, surpassing the record reached in 1997 first half. It will account for 81% of its net earnings, to reach R$1.7bil in 2000 year, versus R$1.3bil from 1999's performance. According to its director Mr Marcos Treiger CSN's overall sales in 2000 first half reached 2.2mil m tons, a 1% growth compared with 1999. CSN invested R$180.5mil in 2000 year, being R$60.5mil destinated for thermal electric facility...

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