CSN Steel Sales Reach 1.6 Million Tonnes in 3Q12, a Company Record

USA - English

• Brazil - Português

SAO PAULO, Oct. 31, 2012 /PRNewswire/ -- CSN - Companhia Siderurgica Nacional (BM&FBOVESPA: CSNA3) (NYSE: SID) announces its results for the 3Q12:

• Net revenue totaled R$4.3 billion in 3Q12, 3% up on the 2Q12. In the same period, domestic market net revenue increased by 14%;
• 3Q12 steel sales volume reached the record level of 1.6 million tonnes, 13% more than in 2Q12 and 35% up year-on-year. Sales in 9M12 amounted to 4.3 million tonnes, 17% higher than in 9M11;
• Domestic market steel sales reached 1.3 million tonnes in 3Q12, also a new record, 21% higher than in 2Q12 and 24% up on the same period last year. Year-to-date domestic sales volume totaled 3.3 million tonnes, a 5% improvement over the first nine months of 2011.
• Gross profit amounted to R$1.2 billion in 3Q12 and adjusted EBITDA reached R$1.1 billion.

The full Earnings Release is available on CSN's IR website at www.csn.com.br/ir.

CSN will be hosting conference call about its 3Q12 Earnings on THURSDAY, November 1, 2012, at 8:00 a.m. US ET in Portuguese with simultaneous translation into English. Connection details may be obtained on the Company's IR website.

Investor Relations
David Salama
Investor Relations Executive Officer
Phone: +55 11 3049-7588
[email protected]

SOURCE CSN - Companhia Siderugica Nacional