Earnings ·
Companhia Siderúrgica Nacional reported a net loss of R$773.1 million for the second quarter of 2026, driven by a…
SIDNational Steel Co
Companhia Siderúrgica Nacional reported a net loss of R$773.1 million for the second quarter of 2026, driven by a negative financial result of R$1,843.0 million due to exchange-rate fluctuations that offset stronger operating performance. Consolidated net revenue increased 5.7% year-over-year to R$11,306.2 million, while Adjusted EBITDA rose 4.8% to R$2,772.6 million with a margin of 23.4%. The steel segment saw sales volumes grow 16.7% to 1,182 thousand tons and Adjusted EBITDA expand 9.5%, supported by antidumping measures. Mining sales reached a record 11,849 thousand tons, though Adjusted EBITDA declined due to higher freight costs. Net debt stood at R$42,138.2 million with leverage at 3.49x as of June 30, 2026. The company operates in the steel, mining, cement, energy, and logistics industries.