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Companhia Siderúrgica Nacional ( (SID) ) has shared an update.
On January 20, 2025, Companhia Siderúrgica Nacional announced the completion of a scheduled maintenance shutdown on its Blast Furnace 2 at the Usina Presidente Vargas in Volta Redonda. This mini-overhaul is designed to modernize and extend the asset’s operational life by eight years without incurring additional costs, aligning with CSN’s maintenance program to avoid impacting its Steel segment results and customer service.
More about Companhia Siderúrgica Nacional
Companhia Siderúrgica Nacional (CSN) is a prominent player in the steel industry, primarily engaged in the production of steel products. The company is focused on maintaining a strong market presence and ensuring operational efficiency through strategic maintenance initiatives.
YTD Price Performance: -1.41%
Average Trading Volume: 2,523,757
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.75B
See more insights into SID stock on TipRanks’ Stock Analysis page.