CSN on uncomfortable risk of dam colapse after strong rains.

2022年1月12日

SID / CSNA3 'Casa da Pedra' Dam at Congonhas-MG was inspected today (Tuesday) by agents of the national mining agency* who assessed that there is no risk of dam collapse, but they identified small erosions damage and ordered immediate action from CSN .

Tomorrow (Wed) are forecasted to rain 20mm.
Thursday: 6mm
Friday: 4mm.

Put options might be a prudent position for stock holders.

*gov.br/anm/pt-br/assuntos/noticias/nota-da-anm-sobre-a-barragem-casa-de-pedra-situada-em-congonhas-mg