NEWS

Brazil's CSN Says Will Raise Steel Prices By 10 PCT

Wednesday, Mar 30, 2016

In a conference call to discuss fourth quarter results, Brazilian steelmaker CSN said:

* It might look to buy more iron ore from third parties in Minas Gerais this year

* It will increase prices by 10 percent in order to help maintain margins and investment

* It expects unit in Volta Redonda where accident occurred at the weekend to restart on April 10 Results coverage Further company coverage: (Reporting By Stephen Eisenhammer)

 

Source : reuters.com

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