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4 results for “CSN”

Brazil’s Transnordestina Railway Nears Finish Line After 20 Years, Promising to Revolutionize Northeast Logistics
PROMarkets• Sep 08

Brazil’s Transnordestina Railway Nears Finish Line After 20 Years, Promising to Revolutionize Northeast Logistics

Brazil’s long-delayed R$15 billion Transnordestina railway is nearing completion, set to unlock cheaper export routes for agribusiness and mining.

New CSN CEO Launches Major Asset Sale to Slash R$42.1 Billion Debt
PROMarkets• Sep 06

New CSN CEO Launches Major Asset Sale to Slash R$42.1 Billion Debt

Brazilian conglomerate CSN's new chief, Fabio Schvartsman, moves to sell its core cement division and German steel plant to cut massive debt.

CSN Posts R$773 Million Quarterly Loss as Real’s Slide Exposes Massive Debt Risk
PROMarkets• Aug 13

CSN Posts R$773 Million Quarterly Loss as Real’s Slide Exposes Massive Debt Risk

Brazil's steel and mining giant Companhia Siderúrgica Nacional reports a huge quarterly loss driven by currency costs, not operations.

Lula Creates Council to Fast-Track R$18.5 Billion BNDES Credit for Tariff-Hit Industries
PROPolitics• Aug 06

Lula Creates Council to Fast-Track R$18.5 Billion BNDES Credit for Tariff-Hit Industries

President Lula established a new council to expedite R$18.5 billion in subsidized BNDES financing for sectors including steel and auto, facing US tariffs.