9,961.34 TRY BIST 100 BIST 100
4.86 CNY CNY CNY
35.33 USD USD USD
36.34 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
75.97 USD Fossil Oil Fossil Oil
29.61 USD Silver Silver
4.02 USD Copper Copper
98.35 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,657.08 TRY Gold (gr) Gold (gr)
9,961.34 TRY BIST 100 BIST 100
4.86 CNY CNY CNY
35.33 USD USD USD
36.34 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
75.97 USD Fossil Oil Fossil Oil
29.61 USD Silver Silver
4.02 USD Copper Copper
98.35 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,657.08 TRY Gold (gr) Gold (gr)
9,961.34 TRY BIST 100 BIST 100
4.86 CNY CNY CNY
35.33 USD USD USD
36.34 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
75.97 USD Fossil Oil Fossil Oil
29.61 USD Silver Silver
4.02 USD Copper Copper
98.35 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,657.08 TRY Gold (gr) Gold (gr)

Investment decision from Brazilian CSN to increase annual capacity

Brazilian CSN decided to invest to increase annual capacity.

Investment decision from Brazilian CSN to increase annual capacity

Brazilian steelmaker Companhia Siderurgica Nacional (CSN) plans to invest 7.9 billion reais between 2023 and 2028 to modernize its industrial park with the aim of achieving EBITDA of approximately 2.8 billion in 2028.

CSN CEO Benjamin Steinbruch said his company plans to build a new facility to increase its annual steel production capacity of 3.8 million tons to its original capacity of 5 million tons.

According to CSN's commercial director Luis Fernando Martínez, CSN has encountered operational problems this year that have limited steel production capacity at the plant. CSN expects to increase steel sales by at least 10% next year, supported by operational improvements that will eliminate production bottlenecks and reduce steel imports into Brazil.

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