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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Bullboard Posts
Post by waterboy2on May 04, 2011 10:38am
820 Views
Post# 18528333

CSN looking for metcoal assets

CSN looking for metcoal assets

Brazil's CSN eyes coal asset acquisitions

Wed May 4, 2011 2:04pm GMT
[-] Text [+]

SAO PAULO May 4 (Reuters) - CSN, Brazil's largest diversified steel group, said on Wednesday that it is eyeing possible acquisition opportunities in the coal industry to boost its access to the key steel ingredient, Chief Financial Officer Paulo Penido Marques said.

The company (CSNA3.SA: Quote)(SID.N: Quote) reported late on Tuesday first-quarter net income of 616 million reais ($390 million) in the period, up from 447 million reais a year earlier.

Bullboard Posts