Camilla Barden's questions to Companhia Siderurgica Nacional SA (SID) leadership • Q2 2024
Question
Camilla Barden followed up on the topic of imports, asking if quotas for specific products like zinc sheets were being filled and if a reduction in imports was expected soon. She also asked if the slab cost target of BRL 3,000-3,200 per ton was achievable this year.
Answer
Executive Luis Martinez explained that while some import quotas are being filled, the system is misleading as they renew quarterly, and he does not foresee a significant reduction in imports this year. He advocated for more stringent, long-term anti-dumping measures. Regarding costs, he reiterated that while CSN is on a positive path to cost reduction, reaching the BRL 3,000 per ton level for slab is unlikely in 2024.