Companhia Siderurgica Nacional · BMFBOVESPA:CSNA3
Companhia Siderurgica Nacional — National Steel — Q1 2013 Earnings Presentation
5 slides from Companhia Siderurgica Nacional's earnings presentation, May 17, 2013
Slide 1: Executive Summary
Executive Summary São Paulo, May 15, 2013 Companhia Siderúrgica Nacional (CSN) (BM&FBOVESPA: CSNA3) (NYSE: SID) announces today its consolidated results for the first quarter of 2013 which are presented in Brazilian Reais and in accordance with International Financial Reporting Standards (IFRS) issu
Slide 2: Equity Result
Equity Result The effect of equity result on the Company’s consolidated income statement totaled R$17 million in 1Q13, due to the adoption of IFRS 10 (CPC 36) and IFRS 11 (CPC 19).
Slide 3: Adjusted EBITDA by Segment (R$ million)
Adjusted EBITDA by Segment (R$ million)
Slide 4: Energy / Cement
Energy Cement E) 05% aa15 saz 103 to ta saz 108 102
Slide 5: Mining
Mining Scenario In 1Q13, the seaborne iron ore market was marked by record steel output in China. Strong iron ore demand by the Chinese steel plants at the beginning of the year, together with reduced seaborne supply helped push up prices. In the first quarter the Platts Fe62% CFR China index averag