Steel News

We strive to let you one step ahead of the market.

CSN plans to sell some assets to reduce debt

23 Jan 2026 15:50 reported by Raul Lee

A A A
The Brazilian steel group CSN, controlled by the Steinbruch family, is considering selling its infrastructure and cement assets in order to reduce debt amid high interest rates.

Benjamin Steinbruch, the company's CEO, stated that CSN is facing the challenge of high interest rates and disorganized competition from imported steel products, which is seriously jeopardizing the company's investments and growth.

CSN expects to reduce its debt by between R$15 billion and R$18 billion starting in 2026, allowing it to invest at a lower cost of capital in priority areas such as mining and energy. For example, CSN plans to increase iron ore annual production to 65 million tons by 2030, from 47.5 million tons expected for 2026 to 2027.

Back to Steel News

Related News

Salzgitter AG acquires Thyrolf & Uhle to expand defense sector offerings

  • Industry Activities
  • 12 Feb 2026 15:55

Hyundai Steel launches low-carbon steel supply for automotive and energy sectors

  • Industry Activities
  • 12 Feb 2026 15:01

Tata Steel expects higher European steel prices amid carbon policies

  • Industry Activities
  • 12 Feb 2026 14:26

India secures Rs 11,887 crore investment via PLI 1.2 for specialty steel

  • Industry Activities
  • 12 Feb 2026 14:20

Fitch downgrades CSN ratings amid high leverage & refinancing risks

  • Industry Activities
  • 11 Feb 2026 13:12

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,395.00
  • 3,417.00
  • Aluminum
  • 3,116.50
  • 3,145.50
  • Copper
  • 13,170.00
  • 13,237.00
  • Nickel
  • 17,460.00
  • 17,660.00

Learn more