SIDNYSESteel Works, Blast Furnaces & Rolling & Finishing MillsFiscal year ends December 31
NATIONAL STEEL CO
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026
$1.13+0.02 (+1.80%)
Close on Oct 19, 2026
NATIONAL STEEL CO revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mining [Member] | – | – | – | 12.53B BRL | 18.04B BRL | 12.68B BRL | 10.03B BRL | 5.98B BRL | 4.62B BRL | 4.58B BRL | – | – |
| Steel [Member] | – | – | – | 29.34B BRL | 30.09B BRL | 16.60B BRL | 10.03B BRL | 15.63B BRL | 12.96B BRL | 11.52B BRL | – | – |
| Energy [Member] | – | – | – | 293.04M BRL | 222.79M BRL | 172.86M BRL | 325.34M BRL | 410.61M BRL | 407.67M BRL | 269.10M BRL | – | – |
| Cement [Member] | – | – | – | 2.82B BRL | 1.43B BRL | 858.19M BRL | 570.81M BRL | 588.23M BRL | 487.13M BRL | 490.61M BRL | – | – |
| Elimination of intersegment amounts [member] | – | – | – | -3.24B BRL | -4.03B BRL | -2.00B BRL | -998.22M BRL | -1.42B BRL | -1.61B BRL | – | – | – |
| Port | – | – | – | – | – | – | – | 266.38M BRL | 238.24M BRL | 207.72M BRL | – | – |
| Railroads | – | – | – | – | – | – | – | 1.51B BRL | 1.42B BRL | 1.32B BRL | – | – |
| Corporate expenses/elimination | – | – | – | – | – | – | – | -1.42B BRL | -1.61B BRL | -1.24B BRL | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mining [Member] | – | – | – | 4.62B BRL | 9.70B BRL | 6.31B BRL | 5.23B BRL | 2.03B BRL | – | – | – |
| Steel [Member] | – | – | – | 3.99B BRL | 8.45B BRL | 1.12B BRL | -904.00M BRL | 4.03B BRL | – | – | – |
| Energy [Member] | – | – | – | 1.29M BRL | 85.69M BRL | 11.42M BRL | 28.07M BRL | 95.54M BRL | – | – | – |
| Cement [Member] | – | – | – | 353.89M BRL | 282.63M BRL | 77.94M BRL | -169.01M BRL | -51.63M BRL | – | – | – |
| Elimination of intersegment amounts [member] | – | – | – | -2.05B BRL | 1.48B BRL | -2.17B BRL | -997.57M BRL | 487.33M BRL | – | – | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Country Of Asia [Member] | 15.81B BRL | 14.19B BRL | 16.54B BRL | 10.34B BRL | 13.69B BRL | – | – | – | – | – | 35.3% | +11.4% |
| Country Of Europe [Member] | 4.31B BRL | 5.28B BRL | 5.01B BRL | 7.66B BRL | 8.36B BRL | – | – | – | – | – | 9.6% | -18.4% |
| Country Of Others [Member] | 1.27B BRL | 57.81M BRL | – | 1.07M BRL | – | – | – | – | – | – | 2.8% | +2104.6% |
| Country Of North America [Member] | 1.06B BRL | 1.75B BRL | 1.67B BRL | 2.02B BRL | 2.28B BRL | – | – | – | – | – | 2.4% | -39.7% |
| Country Of Latin America [Member] | 63.35M BRL | 70.75M BRL | 132.22M BRL | 382.13M BRL | 355.91M BRL | – | – | – | – | – | 0.1% | -10.5% |
| Domestic Market [Member] | – | – | – | 23.96B BRL | 23.23B BRL | 12.89B BRL | 10.95B BRL | 11.35B BRL | 8.71B BRL | 7.73B BRL | – | – |
| Foreign Market [Member] | – | – | – | 20.40B BRL | 24.68B BRL | 17.18B BRL | 14.49B BRL | 11.62B BRL | 9.82B BRL | 9.42B BRL | – | – |
| Asia | – | – | – | – | – | – | – | – | 4.50B BRL | 4.39B BRL | – | – |
| North America | – | – | – | – | – | – | – | – | 2.01B BRL | 1.89B BRL | – | – |
| Latin America | – | – | – | – | – | – | – | – | 506.95M BRL | 259.64M BRL | – | – |
| Europe | – | – | – | – | – | – | – | – | 2.76B BRL | 2.76B BRL | – | – |
| Others | – | – | – | – | – | – | – | – | 37.77M BRL | 114.71M BRL | – | – |
| Asia [Member] | – | – | – | 10.34B BRL | 13.69B BRL | 8.61B BRL | 8.21B BRL | 5.76B BRL | 4.50B BRL | – | – | – |
| North America [Member] | – | – | – | 2.02B BRL | 2.28B BRL | 922.30M BRL | 767.98M BRL | 1.51B BRL | 2.01B BRL | – | – | – |
| Latin America [Member] | – | – | – | 382.13M BRL | 355.91M BRL | 328.90M BRL | 169.04M BRL | 369.83M BRL | 506.95M BRL | – | – | – |
| Europe [Member] | – | – | – | 7.66B BRL | 8.36B BRL | 7.32B BRL | 5.34B BRL | 3.92B BRL | 2.76B BRL | – | – | – |
| Others [Member] | – | – | – | 1.07M BRL | – | 4.35M BRL | 2.05M BRL | 58.23M BRL | 37.77M BRL | – | – | – |
From the segment and revenue-disaggregation notes of National Steel's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.