On the one hand, EBITDA was positively impacted by higher average mining prices and upturn in prices in Real due to the appreciation of the dollar; and second, the increase to sales abroad. However, it is a fact we're partially offset by lower iron ore sales volume and higher SG&A expect.Now let's go to the Slide No. 5. On this slide we can see net revenue and EBITDA for CSN operational segment. Mining accounted for 27% of net revenue and 6% of the EBITDA in the second quarter 2012, while Steel was responsible for 62% of net revenue and 39% of the EBITDA.
Companhia Siderurgica Nacional's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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