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CSN sees steel prices remain stable in Q3

Brazil’s Cia Siderurgica Nacional expects steel prices to remain stable in the Q3 and iron ore prices to stay around USD 100 per tonne until the end of the year.

Directors with the steelmaker and iron miner said that CSN is earning 11% to 16% more by selling steel in Brazil than exporting it adding they don’t expect the premium to go any higher.

Source – Reuters

(www.nctv.net)

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