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    Analysis

    November 13, 2026

    CSN reports wider net loss as steel shipments, revenue fall

    Written by Laura Miller

    Brazilian miner and steelmaker Companhia Siderúrgica Nacional (CSN) increased steel production in the third quarter, but lower overseas shipments and a less favorable domestic product mix weighed on its quarterly results. The company also said renewed import pressure limited further price pass-throughs.

    São Paulo-based CSN reported a net loss of 1.247 billion Brazilian reais (~US$222.9 million) in Q3’26, compared with a R$773.1 million loss in Q2’26 and net income of R$76.4 million a year earlier. Revenue fell 7.3% quarter over quarter to R$10.486 billion.

    Laura Miller

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

    Read more from Laura Miller

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