NATIONAL STEEL CO (SID) Form 6-K — May 14, 2026
National Steel Company (CSN) reported a net revenue of R$ 10,603.8 million in 1Q26, a decrease of 7.0% quarter-over-quarter and 2.8% year-over-year. This decline is attributed to seasonal factors, including heavier rainfall, and the impact of exchange-rate fluctuations on mining revenue and a less favorable product mix in the steel segment. The company's gross profit was R$ 2,522.7 million, with a gross margin of 23.8%, a decline of 8.4 percentage points quarter-over-quarter. The decrease in gross margin is primarily due to higher costs of goods sold, which increased by 4.5% quarter-over-quarter, and the impact of exchange-rate variations on U.S.
Key figures
- Net Debt
- 40,505.0 million
- Net Loss
- 555.0 million
- Net Revenue
- 10,603.8 million
- Revenue Qo Q
- -7.0%
- Revenue Yoy
- -2.8%
- Gross Margin
- 23.8%
- Gross Profit
- 2,522.7 million
- Sga Expenses
- 1,337.9 million
- Equity Income
- 23.8 million
- Free Cash Flow
- -1,597.7 million
- Leverage Ratio
- 3.36x
- Adjusted Ebitda
- 2,646.0 million
- Sid Performance
- -22.5%
- Financial Result
- -1,306.9 million
- Steel Net Revenue
- 5,599.9 million
- Cement Net Revenue
- 1,256.1 million
- Csna3 Performance
- -31.3%
- Energy Net Revenue
- 202.7 million
- Mining Net Revenue
- 3,186.2 million
- Cash And Equivalents
- 14,600.0 million
- Logistics Net Revenue
- 1,070.8 million
- Steel Adjusted Ebitda
- 393.4 million
- Adjusted Ebitda Margin
- 23.9%
- Cement Adjusted Ebitda
- 392.5 million
- Energy Adjusted Ebitda
- 61.9 million
- Mining Adjusted Ebitda
- 1,374.3 million
- Average Daily Volume Brl
- 125.230 million
- Average Daily Volume Usd
- 9.115 million
- Other Operating Expenses
- -914.2 million
- Logistics Adjusted Ebitda
- 447.7 million
- Market Capitalization Brl
- 8,142.0 million
- Market Capitalization Usd
- 1,644.0 million
- Steel Adjusted Ebitda Margin
- 7.0%
- Cement Adjusted Ebitda Margin
- 31.2%
- Energy Adjusted Ebitda Margin
- 30.5%
- Mining Adjusted Ebitda Margin
- 43.1%
- Logistics Adjusted Ebitda Margin
- 41.8%
AI analysis
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