Csn Mineracao SaBMFBOVESPA: CMIN3

CSN Mineração: Record sales and strong cash position, but profit fell sharply on lower iron ore prices

· Issued by Csn Mineracao SA

Record sales volume and operational efficiency in 3Q24 were offset by lower iron ore prices and higher freight costs, leading to a 70% drop in net profit and negative free cash flow. The company strengthened its net cash position, approved R$3 billion in dividends, and began the P15 expansion project.

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