|Day's Range||6.80 - 7.18|
|52 Week Range||6.25 - 13.42|
|PE Ratio (TTM)||7.07|
|Earnings Date||Mar 30, 2017 - Mar 31, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||7.29|
One day after a presidential bribery scandal tanked the Brazilian market, stocks are rebounding.
Brazilian steelmaker Companhia Siderúrgica Nacional SA on Monday said it would delay release of first-quarter results due to an ongoing accounting review, according to a statement. The accounting review, related to a transaction from November 2015 that resulted in the combination of certain mining and logistical operations of CSN, is still incomplete, the company said. According to unaudited information released by the company, CSN posted net sales 15 percent higher at 4.4 billion reais ($1.42 billion) last quarter, it said without elaborating.
The loading of iron ore at Brazil's Itaguaí terminal operated by mining and steel firm Companhia Siderúrgica Nacional has been halted since Saturday due to an accident, sources and the Itaguaí Port Authority told Reuters on Wednesday. Four to five Capesize bulk carriers that were waiting to load iron ore at the terminal are being put back into the charter market, said a German shipping source, due to the impossibility to load the product in Brazil. CSN confirmed the accident but had no immediate information regarding Itaguaí operations.