CSN Announces Major Divestment Plan to Slash Debt Burden Through Asset Sales

Brazilian steelmaker CSN has unveiled a strategic plan to reduce debt by up to 18 billion reais. The company aims to lower its leverage through key asset sales.

Insights:
Brazilian steelmaker Companhia Siderurgica Nacional (CSN) announced a major divestment plan on January 15, 2026, targeting a debt reduction of 15 billion to 18 billion reais ($2.78-3.34 billion). The firm, which operates as one of the largest mining and steel companies in Brazil BRBR, plans to sell control of its cement division and a significant stake in an infrastructure unit that manages railway and port assets. CEO Benjamin Steinbruch benjamin steinbruch emphasized that lowering the company's debt burden is now the top priority, as the group seeks to stabilize its capital structure and address its elevated debt load.
Brazil's Companhia Siderurgica Nacional (CSN, National Steel Company) stands in Volta Redonda, Rio de Janeiro state, Brazil, March 25, 2025. REUTERS/Lucas Landau
Brazil's Companhia Siderurgica Nacional (CSN, National Steel Company) stands in Volta Redonda, Rio de Janeiro state, Brazil, March 25, 2025. REUTERS/Lucas Landau
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