Csn Mineracao SaBMFBOVESPA: CMIN3

CSN Mineração: EBITDA margin hit 49% in 2Q24, with net cash at R$2.8 billion and strong sales growth

· Issued by Csn Mineracao SA

EBITDA margin rose to 49% in 2Q24 on higher sales and lower costs, with net cash at R$2.8 billion. Iron ore sales volumes grew 18% sequentially, while unit revenue fell due to lower prices. Capex surged 60.9%, supporting expansion and operational continuity.

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