Base Metals

Bloomberg reports that Cia. Siderurgica Nacional (FRA:CQWA,ETR:CQWA) said first-quarter profit rose 38 percent as surging iron-ore sales offset a drop in steel output.

Bloomberg reports that Cia. Siderurgica Nacional (FRA:CQWA,ETR:CQWA) said first-quarter profit rose 38 percent as surging iron-ore sales offset a drop in steel output.

The market news is quoted as saying,

Net income, which excludes minority interests, rose to 617.5 million reais ($389 million) from 448.9 million reais a year earlier, the steelmaker said today in a regulatory filing. The Rio de Janeiro-based company, known as CSN, was expected to post a profit of 677 million reais on an adjusted basis, the average estimate of six analysts in a Bloomberg survey.

For the complete market news, click here.

Featured

MARKETS

Markets
TSX20197.61+15.69
TSXV702.09-3.49
DOW31261.90+8.77
S&P 5003901.36+0.57
NASD11354.62-33.88
ASX7145.60+81.10

COMMODITIES

Commodities
Gold1846.53+0.13
Silver21.75+0.03
Copper4.30+0.02
Palladium1968.65+11.53
Platinum957.67+3.19
Oil110.35-1.86
Heating Oil3.62-0.05
Natural Gas8.06-0.25

DOWNLOAD FREE REPORTS

×