Business
CSN Mineração: EBITDA margin hit 49% in 2Q24, with net cash at R$2.8 billion and strong sales growth
CSN Mineração: EBITDA margin hit 49% in 2Q24, with net cash at R$2.8 billion and strong sales growth
About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.