Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. The company operates in five segments: Steel, Mining, Logistics, Energy, and Cement. It offers flat steel products, such as high, medium, low carbon, micro-alloyed, and interstitial free slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products that consist of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries. The company primarily explores for iron ore reserves at Casa de Pedra and Engenho mines located in the city of Congonhas; and limestone and dolomite at the Bocaina mine located in the city of Arcos in the state of Minas Gerais, Brazil, as well as produces tin. In addition, it operates railway and port facilities; produces and sells cement to construction material stores, home centers, concrete producers, construction companies, mortar industries, and cement artifact producers; and generates electric power from its thermoelectric co-generation and hydroelectric power plants. The company also exports its products. Companhia Siderúrgica Nacional was incorporated in 1941 and is headquartered in São Paulo, Brazil.
IPO Year:
Exchange: NYSE
Website: csn.com.br
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/9/2024 | Neutral → Underperform | BofA Securities | |
| 4/4/2024 | Market Perform → Underperform | Itau BBA | |
| 11/20/2023 | Underperform → Buy | BofA Securities | |
| 7/10/2023 | $2.29 | Market Perform → Underperform | Itau BBA |
| 8/26/2022 | Neutral → Underperform | BofA Securities |
SÃO PAULO, June 2, 2021 /PRNewswire/ -- Companhia Siderúrgica Nacional ("CSN") (NYSE:SID) announced today that its subsidiary, CSN Resources S.A. ("CSN Resources"), has commenced a cash tender offer (the "Tender Offer") for any and all of its outstanding 7.625% Senior Unsecured Guaranteed Notes due 2023 (the "Notes"). The Notes are fully, unconditionally and irrevocably guaranteed by CSN. The following table sets forth the material pricing terms of the Tender Offer: Title of Security CUSIP / ISIN Principal Amount Outstanding Purchase Price(1) 7.625% Senior Unsecured Guaranteed Notes due 2023 144A: 12644VAB4 / US12644VAB45 Regulation S: L21779AC4 / USL21779AC45 US$925,000,000 US$1,038.13 ____
BofA Securities downgraded Comp Siderurgica from Neutral to Underperform
Itau BBA downgraded Comp Siderurgica from Market Perform to Underperform
BofA Securities upgraded Comp Siderurgica from Underperform to Buy
Itau BBA downgraded Comp Siderurgica from Market Perform to Underperform and set a new price target of $2.30
BofA Securities downgraded Comp Siderurgica from Neutral to Underperform
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
6-K - NATIONAL STEEL CO (0001049659) (Filer)
SAO PAULO, Dec. 5, 2023 /PRNewswire/ -- Companhia Siderúrgica Nacional ("CSN") (NYSE:SID) announced today that the cash tender offer (the "Tender Offer") by its subsidiary, CSN Resources S.A. ("CSN Resources"), for any and all of its outstanding US$300,000,000 in aggregate principal amount of 7.625% Senior Unsecured Guaranteed Notes due 2026 (the "Notes") (144A CUSIP / ISIN: 12644VAC2 / US12644VAC28 and Regulation S CUSIP / ISIN: L21779AD2 / USL21779AD28), fully, unconditionally and irrevocably guaranteed by CSN, expired today at 5:00 p.m., New York City time (the "Expiration Time"). At the Expiration Time, valid tenders had been received with respect to US$117,021,000 in aggregate principal
SÃO PAULO, Nov. 29, 2023 /PRNewswire/ -- Companhia Siderúrgica Nacional ("CSN") (NYSE:SID) announced today that its subsidiary, CSN Resources S.A. ("CSN Resources"), has commenced a cash tender offer (the "Tender Offer") for any and all of its outstanding 7.625% Senior Unsecured Guaranteed Notes due 2026 (the "Notes"). The Notes are fully, unconditionally and irrevocably guaranteed by CSN. The following table sets forth the material pricing terms of the Tender Offer: Title of Security CUSIP / ISIN Principal Amount Outstanding Purchase Price(1) 7.625% Senior Unsecured Guaranteed Notes due 2026 144A: 12644VAC2 / US12644VAC28 Regulation S: L21779AD2 / USL21779AD28 US$300,000,000 US$1,010.00 __
SÃO PAULO, Feb. 16, 2022 /PRNewswire/ -- Companhia Siderúrgica Nacional ("CSN") (NYSE:SID) informs today the early results of the previously announced cash tender offer (the "Tender Offer") by its Luxembourg finance subsidiary, CSN Resources S.A. ("CSN Resources"), for up to US$300.0 million in aggregate principal amount (the "Maximum Tender Amount") of its outstanding 7.625% Senior Unsecured Guaranteed Notes due 2026 (the "Notes"). The Notes are fully, unconditionally and irrevocably guaranteed by CSN. In addition, CSN Resources informs that the Financing Condition (as defined in the Offer to Purchase) has been satisfied. The Tender Offer is being made on the terms and is subject to the con
SÃO PAULO, Feb. 3, 2022 /PRNewswire/ -- Companhia Siderúrgica Nacional ("CSN") (NYSE:SID) announced today that its Luxembourg finance subsidiary, CSN Resources S.A. ("CSN Resources"), has commenced a cash tender offer (the "Tender Offer") for up to US$300.0 million in aggregate principal amount (subject to increase or decrease by CSN Resources, in its sole discretion, the "Maximum Tender Amount") of its outstanding 7.625% Senior Unsecured Guaranteed Notes due 2026 (the "Notes"). The Notes are fully, unconditionally and irrevocably guaranteed by CSN. The following table sets forth the material pricing terms of the Tender Offer: Title of Security CUSIP / ISIN Principal Amount Outstanding Total
São Paulo, June 11, 2021 /PRNewswire/ -- Companhia Siderúrgica Nacional ("CSN") (NYSE:SID) announces that the cash tender offer by its Luxembourg finance subsidiary, CSN Resources S.A. ("CSN Resources"), for any and all of its outstanding 7.625% Senior Unsecured Guaranteed Notes due 2023 (the "Notes") (144A CUSIP / ISIN 12644VAB4 / US12644VAB45 and Reg S CUSIP / ISIN L21779AC4 / USL21779AC45), fully, unconditionally and irrevocably guaranteed by CSN, expired on June 8 at 5:00 p.m., New York City time (the "Expiration Time"). At the Expiration Time, valid tenders had been received with respect to US$421,058,000 in aggregate principal amount of Notes, representing 45.52% of the Notes outstandi
SÃO PAULO, June 2, 2021 /PRNewswire/ -- Companhia Siderúrgica Nacional ("CSN") (NYSE:SID) announced today that its subsidiary, CSN Resources S.A. ("CSN Resources"), has commenced a cash tender offer (the "Tender Offer") for any and all of its outstanding 7.625% Senior Unsecured Guaranteed Notes due 2023 (the "Notes"). The Notes are fully, unconditionally and irrevocably guaranteed by CSN. The following table sets forth the material pricing terms of the Tender Offer: Title of Security CUSIP / ISIN Principal Amount Outstanding Purchase Price(1) 7.625% Senior Unsecured Guaranteed Notes due 2023 144A: 12644VAB4 / US12644VAB45 Regulation S: L21779AC4 / USL21779AC45 US$925,000,000 US$1,038.13 ____