Companhia Siderúrgica Nacional ( (SID) ) has shared an announcement.
On March 12, 2025, CSN announced its financial results for the fourth quarter and full year of 2024. The company reported a net loss of R$ 1.5 billion for the year, a significant decline from the previous year’s net profit of R$ 402.6 million, primarily due to lower commodity prices and increased financial expenses. Despite these challenges, CSN achieved a notable 38.4% increase in gross profit in the fourth quarter compared to the previous quarter, driven by strong revenue growth in mining and cost control in steel and cement segments. The company’s adjusted EBITDA for 4Q24 was R$ 3,335 million, reflecting a 46% increase from the third quarter, highlighting operational excellence amid challenging market conditions.
More about Companhia Siderúrgica Nacional
Companhia Siderúrgica Nacional (CSN) is a major player in the steel industry, primarily focusing on the production and sale of steel products. The company also engages in mining and cement production, with a strong market presence in Brazil and international operations.
YTD Price Performance: 2.82%
Average Trading Volume: 2,308,431
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.92B
See more data about SID stock on TipRanks’ Stock Analysis page.
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