Brazilian steel giant Companhia Siderurgica Nacional has announced its results for the 3Q12:

Net revenue totaled BRR 4.3 billion in 3Q12, 3% up on the 2Q12. In the same period, domestic market net revenue increased by 14%

3Q12 steel sales volume reached the record level of 1.6 million tonnes, 13% more than in 2Q12 and 35% up YoY. Sales in 9M12 amounted to 4.3 million tonnes, 17% higher than in 9M11

Domestic market steel sales reached 1.3 million tonnes in 3Q12, also a new record, 21% higher than in 2Q12 and 24% up on the same period last year.

Year to date domestic sales volume totaled 3.3 million tonnes, a 5% improvement over the first nine months of 2011.

Gross profit amounted to BRR 1.2 billion in 3Q12 and adjusted EBITDA reached BRR 1.1 billion.

Source - CSN

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