CSN grows and inaugurates terminal

Companhia Siderúrgica Nacional (CSN)  inaugurated its terminal in the port of Sepetiba, (RJ) with plans to become the fourth largest global exporter of iron ore up to 2010.


The first embarkments of ore, extracted from Casa de Pedra, are already accomplished. On February 25 a shipment of 65 thousand tons left the port towards Bahrein. In March nine more ships left, with 800 thousand tons of iron ore. The current capacity of the port is of embarking 7 million tons a year, but the enlargement works in 2009 will make possible to arrive to 40 million annual tons.


At the same time the expansion works in Casa de Pedra go on. The forecast is that by July 2010, the mine will be capable to produce 53 million tons of iron ore a year. The intention of CSN is to open the capital of Casa de Pedra in the end of this year.


The production of raw steel by CSN in the first quarter reached the mark of 1,3 million tons, 145% superior to the same period of 2006. The production of steel plates in the period arrived to 1,1 million tons, 56% the more than in the first three months of last year.
The high demand in the domestic market made the internal sales of the company reache 719 thousand tons, increasing 19% in relation to 2006. The company has a share of 33%  in the Brazilian market in the areas where it operates (hot laminated, cold laminated, zinc laminated and metallic sheet), against 30% in the first quarter of last year.


The surprise was the increase also in the exports: 23% superiors, totaling 416 thousand tons. According to the company, the strong demand at the international market overcame the expectations.


According to balance sheet published by CSN, the perspectives for the second quarter are of an increase in the prices of the steel, as much in the internal market as in the external market, where already a recovery is shown. In the first three months of the year the company got, with success, to readjust the price of the galvanized products in 7%.

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Fonte: DCI (SP)

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