CSN to expand capacity
According to recent market reports, Brazilian steel producer Companhia Siderurgica Nacional (CSN) is planning to increase its capacity of processing steel in
North America.
In addition, CSN also aims to expand its
slab production by 2.2 million tons within three years. Accordingly, the company has to add a fourth blast furnace at its Volta Redonda plant in
Brazil.
Company officials stated that their plant in
India remains the operation at its normal level to increase the
production rate. However, CSN has aborted
slab importing to the US to feed the Indiana operation.