Brazil's CSN sees Q2 steel shipments rise 13% to 1.32 million mt
Brazilian integrated steelmaker CSN shipped 1.32 million mt of steel products in the second quarter of 2018, up 13% from 1.17 million mt in Q2 2017, according to results released Wednesday.
Of that total, 798,000 mt was sold domestically, up 22% year on year, while 449,000 mt was sold to the company's foreign subsidiaries and 74,000 mt direct exports.
CSN maintained a high percentage of coated products in the most recent quarter's total sales volume. Sales of coated products such as galvanized items and metallic sheets accounted for 56% of the company's flat steel sales in the quarter. Coated products accounted for 84% of CSN's overseas flat steel shipments.
CSN's steel slab output totaled 997,000 mt in Q2, a decrease of 10% compared with Q2 2017. In turn, production of flat rolled products increased 4% compared with Q2 2017 to 981,000 mt.
