The company announced in a statement that it aims to reduce its debt by R$ 15 billion to R$ 18 billion during 2026.
In a market disclosure, CSN stated that its board of directors has approved the structured divestment of significant assets. Under the program, certain non-core businesses in the company’s portfolio will be put up for sale.
The statement emphasized that the asset sales form part of CSN’s long-term management strategy. The company aims to double EBITDA over the next eight years and maintain the net debt/EBITDA ratio at around 1, ensuring a sustainable financial structure.
Founded in 1941, CSN operates in steel production, iron ore mining, cement, logistics, and energy. Through these asset divestments, the company plans to focus more closely on its core business segments that offer higher profitability and stronger synergies.
Comments
No comment yet.