Companhia Siderúrgica Nacional (SID) has disclosed a new risk, in the Costs category.
Companhia Siderúrgica Nacional faces a notable business risk linked to its cement subsidiary due to the perishable nature of cement. Strict adherence to storage guidelines and efficient distribution in line with expiration dates are imperative to maintain product integrity. The susceptibility of cement to humidity can lead to spoilage, rendering it unusable if not properly conserved during storage and transit. Consequently, lapses in these processes could lead to significant product losses and adversely impact the subsidiary’s, and ultimately Companhia Siderúrgica Nacional’s, financial performance.
The average SID stock price target is $2.95, implying 4.24% upside potential.
To learn more about Companhia Siderúrgica Nacional’s risk factors, click here.
