Companhia Siderúrgica Nacional (CSN), one of Brazil’s largest industrial conglomerates, is launching an aggressive plan to sell off core assets in a bid to reduce a massive debt load of **R$42.1 billion (US$7.6 billion)**. The move comes as new Chief Executive Officer, Fabio Schvartsman, takes the helm, signaling a critical shift in strategy aimed at restoring investor confidence and de-risking the company. Schvartsman, who assumed the role on September 3, 2026, has made the divestment of two key non-core assets his immediate priority as the company’s leverage ratio sits high at 3.5 times EBITDA.