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AlexandreZaire

CSN on uncomfortable risk of dam colapse after strong rains.

Companhia Siderurgica Nacional S.A. (NYSE:SID)  
AlexandreZaire  
NYSE:SID   Companhia Siderurgica Nacional S.A.
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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 SID .

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

Put options might be a prudent position for stock holders.

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