Companhia Siderúrgica Nacional (NYSE:SID) Q3 2024 Earnings Conference Call November 13, 2024 9:30 AM ET
Company Participants
Marco Rabello - CFO and IRO
Helena Guerra - ESG and Sustainability Director
Benjamin Steinbruch - President, Executive Board, Chairman and CEO
Luis Martinez - Executive Director, Commercial and Logistics Area & Member of Executive Board
Edvaldo Rabelo - Director, Cement Business
Conference Call Participants
Barbara Soares - Itau BBA
Ricardo Monegaglia - Safra
Gabriel Simões - Goldman Sachs
Pamela Bordes - Bradesco BBI
Operator
Good morning, ladies and gentlemen. At this time, we would like to welcome everyone to CSN Conference Call to present Results for the Third Quarter 2024. Today, we have with us the company's executive officers. We would like to inform you that this event is being recorded and all participants will be in listen-only mode during the company presentation.
In perusing this, there will be a question and answer section when further instructions will be provided. Today's event can be accessed at the CSN investor relations website at ricsn.com.br. The replay of the event will be available soon after closing.
Before proceeding, please bear in mind that some of the statements herein are mere expectations or trends and are based on the current assumptions and opinions of the company management and that future results, performance and events may differ materially from those expressed herein which do not constitute projection.
In fact, actual results, performance or events might differ materially from those expressed or implied by the forward-looking statements as a result of several factors overall and economic conditions in Brazil and other countries, interest rate and exchange rate levels, future rescheduling or prepayment of debt denominated in foreign currencies, protectionist measures in the U.S., Brazil and other countries, dangers in laws and regulations and general competitive factors at a global, regional or national level.
I'll now turn the conference over to Mr. Marco Rabello, CFO and Investor Relations Executive Officer, who will present the operating and financial highlights of CSN during the period. You may proceed.
Marco Rabello
Well, good morning, everybody. It is a pleasure to be here to present the CSN earnings call for the third quarter '24. I begin on Slide 2 where we have the main highlights. We had a growth in production and sales in all of these segments.
Besides a significant trend towards cost reduction, this highlights our operational excellence and shows that we're doing everything within our control to have a stronger performance. Every quarter, we expand our industrial capacity with positive impacts on the part of costs.