2.29 -0.04 (-1.65%)
After hours: 4:11PM EDT
|Bid||2.33 x 3000|
|Ask||2.35 x 38800|
|Day's Range||2.25 - 2.34|
|52 Week Range||1.91 - 3.55|
|PE Ratio (TTM)||8.56|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.94|
Brazilian steelmaker Cia Siderurgica Nacional has hired U.S. investment bank Jefferies to advise on the sale of its assets in Portugal and Germany, newspaper O Estado de S.Paulo reported on Sunday. The assets - Lusosider in Portugal and SWT in Germany - are expected to fetch $1 billion by October, the paper reported without citing a source for the information. CSN and Jefferies did not immediately respond to requests for comment.
NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Companhia Siderurgica Nacional Sponsored ADR (NYSE: SID) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at ...
Four stocks have been lined up for observation, and they are: AK Steel Holding Corp. (NYSE: AKS), ArcelorMittal (NYSE: MT), Commercial Metals Co. (NYSE: CMC), and Companhia Siderurgica Nacional (NYSE: SID). West Chester, Ohio headquartered AK Steel Holding Corp.'s shares jumped 4.50%, finishing last Friday's session at $4.88.
Companhia Siderurgica Nacional (SID) or CSN is poised to gain from strengthening global economy and its efforts to improve products and services. High costs and debts remain an issue.
NEW YORK, June 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of AC ...
Brazil's CVM securities regulator has opened an administrative investigation into the investor relations director of steelmaker Companhia Siderurgica Nacional SA, following a shareholder complaint, a newspaper ...
Moody's Investors Service ("Moody's") says Steel Dynamics, Inc's (SDI - Ba1 Corporate Family Rating, Stable) announced acquisition of Companhia Siderurgica Nacional Heartland Flat Roll Operations (CSN Heartland -- ultimately a subsidiary of Brazilian based Companhia Siderurgica Nacional -- B3 Corporate Family Rating, stable) is credit positive as it will expand SDI's flat roll steel capacity, particularly in high margin value-added products and will broaden its operational footprint and end-markets served. The acquisition price of $400 million (including $60 million of normalized working capital purchase price) is easily accommodated within SDI's iquidity position, which includes a cash position of $985.8 million at March 31, 2018. Headquartered in Fort Wayne, Indiana, Steel Dynamics, Inc. (SDI) manufactures steel through its domestic mini-mills, which have an estimated annual production capacity of approximately 11 million tons prior to the announced acquisition.
Moody's Investors Service ("Moody's") comments that Companhia Siderurgica Nacional's ("CSN", B3 stable) US asset sale is credit positive. On May 14, CSN announced that it entered into agreement to sell its US subsidiary CSN LLC to Steel Dynamics, Inc. (Ba1 stable) for $400 million (about BRL 1.5 billion) - with a potential for an additional $90 million in working capital adjustments.
The Chief Executive Officer of Brazilian steelmaker Companhia Siderurgica Nacional told analysts on Tuesday the company plans to sell up to 4 billion reais in assets by the end of the year. Benjamin Steinbruch ...
Companhia Siderurgica Nacional's (SID) first-quarter 2018 net earnings gain from solid revenue growth, partially offset by higher cost of sales and selling expenses.
On Wednesday, May 09, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Wednesday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Steel & Iron equities this morning: Companhia Siderurgica Nacional (NYSE: SID), Steel Dynamics Inc. (NASDAQ: STLD), TimkenSteel Corp. (NYSE: TMST), and United States Steel Corp. (NYSE: X).
(Updates Open Text and Eletropaulo Metropolitana; adds Xerox, Sanofi, Murray & Roberts, Goldman Sachs, Toys "R" Us and Fortis Healthcare) April 17 (Reuters) - The following bids, mergers, acquisitions ...
Brazilian steelmaker Companhia Siderurgica Nacional is in talks to sell a U.S. unit to Steel Dynamics Inc for around $250 million, according to a report in the newspaper O Estado de S. Paulo on Tuesday. ...
Companhia Siderurgica Nacional's (SID) fourth-quarter 2017 net earnings increase over the year-ago quarter's loss. Revenues increase 10.5% year over year on higher steel products and iron ore prices.
Brazilian steelmaker Companhia Siderurgica Nacional expects to sell between 2 billion reais and 3 billion reais in assets this year to reduce its debt, CEO Benjamin Steinbruch said on Tuesday. In a conference ...
The impact of U.S. steel and aluminum tariffs on steelmaker Companhia Siderurgica Nacional SA (CSN) would not be not significant, its chief executive officer said on Wednesday, but Brazil needs to position itself to export more steel to China. CEO Benjamin Steinbruch said the company exported 350,000 tonnes of steel to the United States in 2017, or about 6 percent of total production, an amount that will now be bound for the domestic market instead in 2018. "We're already directing those 350,000 tonnes to the internal market due to the economic recovery (in Brazil)," he told analysts and journalists.
SAO PAULO , March 2, 2018 /PRNewswire/ -- Companhia Siderúrgica Nacional (" CSN ") (NYSE: SID), announced today the expiration of the previously announced cash tender offers by its subsidiary, ...
SAO PAULO , Feb. 15, 2018 /PRNewswire/ -- Companhia Siderúrgica Nacional (" CSN ") (NYSE: SID), announced today the early results of the previously announced cash tender offers by its subsidiary, ...