Net sales decreased by 7.2 percent to $12.376 billion, production costs decreased by 4.56 percent to $11.002 billion, gross profit decreased by 24 percent to $1.374 billion, and operating profit decreased by 22.2 percent to $1.374 billion. 1.104 billion US dollars.
In terms of volume, steel production decreased by 1.3 percent to 15.140 million tons, while sales decreased by 1.3 percent to 14.900 million tons, of which 57 percent went to the domestic market and 43 percent were exported.
(The results were published in Brazilian reais (BRL), converted to US dollars at the US dollar exchange rate). the exchange rate is 4.99 Brazilian reais per US dollar)




