CSN (Companhia Siderúrgica Nacional), Brazil’s major steelmaker announced the divestment of major non-core assets to cut increasing debts and to allow capital restructuring. The company has struggled in recent years with an elevated debt load of R57.3 trillion in 3.Q 2025 and cheap foreign steel ‘flooding’ the local market. The mining division of CSN Mineração is not for sale, however, the cement division will be affected. The cement assets combine 17 Mta capacity from 7 integrated plants (photo: Arcos cement plant) and 6 grinding units for cement and GBFS, generating solid results with an EBITDA margin of 29.1% in 3.Q 2025. The company also intends to sell a significant stake in its infrastructure segment CSN Infra, including rail, port and multimodal assets.