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5.3

Goldman cuts Usiminas, CSN projections; Morgan flags margin pressure

Goldman Sachs revised down earnings projections for Brazilian steelmakers Usiminas and CSN ahead of Q3 results, while Morgan Stanley sees margins under pressure. The revisions reflect expectations of weaker steel pricing and demand, signaling a negative near-term outlook for the sector.

InfoMoneyabout 6 hours agoBR, FKCredibility 48%View source

Score Breakdown

Mosaic Score5.3
Model confidence0.7
Significance0.5
Source credibility0.5

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Stanley

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