CSN Posts Record Steel And Mining Revenue In 3Q13

              CSN Posts Record Steel And Mining Revenue In 3Q13

PR Newswire

SAO PAULO, Nov. 14, 2013

SAO PAULO, Nov. 14, 2013 /PRNewswire/ --CSN- Companhia Siderurgica Nacional
(BM&FBOVESPA: CSNA3) (NYSE: SID) announces its results for the 3Q13 and 9M13:

  oCSN posted record net revenue of R$4.7 billion in 3Q13, 15% up on 2Q13.
    Year-to-date net revenue came to R$12.4 billion, also a new record;
  oAdjusted EBITDA totaled R$1.7 billion in 3Q13, 51% up on the R$1.1 billion
    recorded in 2Q13, fueled by the mining and steel segments;
  oThe consolidated EBITDA margin reached 31% in 3Q13, the highest quarterly
    figure since 4Q11;
  oNet revenue from steel operations reached the record amount of R$3.2
    billion in 3Q13, 2% up on 2Q13. In the first nine months, steel revenue
    came to R$9.3 billion, 17% more than in 9M12 and another new record;
  oTotal steel sales in 9M13 amounted to 4.7 million tonnes, while domestic
    steel sales totaled 3.6 million tonnes, both 8% up year-on-year and also
    new records; 
  oThird-quarter net revenue from mining operations reached R$1.6 billion,
    67% higher than in 2Q13.
  oIron ore shipped through Tecar, in the Port of Itaguai, reached its
    highest ever volume of 8.3 million tonnes in 3Q13;
  oNet revenue from port logistics (Tecon) was also a record, totaling R$133
    million in 9M13, 22% up year-on-year, with a record number of 194 thousand
    containers handled;
  oCSN's cement sales in the first nine months reached an all-time high of
    1.5 million tonnes, generating record net revenue of R$308 million;
  oCSN closed the third quarter with cash and cash equivalents of R$14.4

The full Earnings Release is available on CSN's IR website at

CSN will be hosting conference call about its 3Q13 Earnings on THURSDAY,
November 14^th, 2013, at 11:00 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

SOURCE CSN - Companhia Siderugica Nacional

Website: http://www.csn.com.br/ir
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