CSN (ADR) (SID)
Produces steel through an integrated Brazilian system spanning mining, logistics, energy, and cement.
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Produces steel within an integrated Brazilian industrial system that also includes iron ore, cement, logistics, and energy. Mining inputs and rail-and-port infrastructure connect its operating lines, while SID trades in New York as an ADR.
Steelmaking is anchored in Volta Redonda and supplied by the group's iron-ore inputs. CSN sells steel alongside iron ore, cement, logistics, and energy services through its operating lines. Its industrial system grew after privatization.
Rail, port, road, and dry-port assets tie mining and steel production to distribution, while power projects support the industrial system. The cement business developed from blast-furnace slag and was expanded through the LafargeHolcim Brasil acquisition.
The group depends on integrated mine-to-port infrastructure and its Brazilian industrial base; its NYSE security is an ADR alongside B3 common shares.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Dec 15, 2025 | UBS | Reiterate | Rating: —Target: — | Target: $1.40 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.79B · Total debt $10.63B · Total assets $19.65B · Shareholders' equity $2.38B
- Revenue
- $2.21B
- Operating income
- $149.6M
- Net income
- −$155.4M
Reported in BRL, converted at the latest exchange rate
HistoryDividendAnnual yield
| Institutions | 2.13% | 28.31M ADS | |
|---|---|---|---|
| 70 holders · as of Jun 30, 2026 | |||
| Insiders | 41.70% | 552.91M ADS | |
| 2 holders · as of Apr 7, 2026 | |||
| Other | 56.17% | 744.87M ADS | |
| remainder | |||
1.33B ADS as of Sep 18, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Benjamin SteinbruchInsiderdirector, officer: CEO and Board Member | 41.69% | 552.91M ordinary | filed Apr 7, 2026 |
Vanguard Capital Management LLCInstitution | 0.34% | 4.51M ADS | as of Jun 30, 2026 |
Renaissance Technologies LLCInstitution | 0.27% | 3.61M ADS | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 0.26% | 3.51M ADS | as of Jun 30, 2026 |
UBS Group AGInstitution | 0.25% | 3.34M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- ArcelorMittal (ADR)
Brazilian flat, long and tubular steel producer
- Gerdau (ADR)
Brazilian flat-steel and iron-ore supplier
- Vale (ADR)
Brazilian iron-ore producer with integrated export logistics
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| CSN (ADR) | $1.20 | +2.56% | $1.55B | — | — | 0.2 | +14.1% |
| ArcelorMittal (ADR) | $73.81 | +1.75% | $55.21B | 30.7 | — | 0.9 | +5.2% |
| Gerdau (ADR) | $5.02 | +0.30% | $9.88B | 22.8 | 10.1 | 0.7 | +10.1% |
| Vale (ADR) | $14.17 | +0.11% | $60.34B | 29.5 | 7.8 | 1.5 | +19.2% |
| Median | 29.5 | 8.9 | 0.9 | +10.1% |






