On the Record · National Steel
National Steel acquisitions, on the record
The businesses National Steel bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Lusosider Aços Planos S.A.Word for word“In 2006, we acquired Lusosider Aços Planos S.A., or Lusosider, the only Portuguese company in the steel sector to produce cold-rolled flat steel, with an anti-corrosion coating.” 20-F for 2023 | acquisition | 2006 | — |
Estanho de Rondônia S.A., or ERSAWord for word“In 2005, we acquired Estanho de Rondônia S.A., or ERSA, located in the city of Ariquemes, in the state of Rondônia, which mines and casts tin.” 20-F for 2023 | acquisition | 2005 | — |
Stahlwerk Thüringen Gmbh, or SWTWord for word“In order to diversify our product portfolio, we entered the long steel market in 2012, with the acquisition of Stahlwerk Thüringen Gmbh, or SWT, a long steel manufacturer located in Unterwellenborn, Germany.” 20-F for 2023 | acquisition | 2012 | — |
Companhia Brasileira de Serviços de Infraestrutura, or CBSIWord for word“In the same year, we acquired 100% of the shares of Companhia Brasileira de Serviços de Infraestrutura, or CBSI.” 20-F for 2023 | acquisition | — | — |
Elizabeth Cimentos S.A. and Elizabeth Mineração Ltda.Word for word“In August 2021, our cement subsidiary, CSN Cimentos, acquired Elizabeth Cimentos S.A. and Elizabeth Mineração Ltda., which operate in the Northeast region of Brazil.” 20-F for 2023 | acquisition | August 2021 | — |
LafargeHolcim (Brasil) S.A.Word for word“In September 2022, our cement subsidiary, CSN Cimentos, acquired LafargeHolcim (Brasil) S.A., and began operating in the concreate and aggregates markets in the Southeast region of Brazil.” 20-F for 2023 | acquisition | September 2022 | — |
Metalgráfica Iguaçu S.A.Word for word“In 2021, we acquired Metalgráfica Iguaçu S.A., which produces steel cans for the national and international market of metal food packaging.” 20-F for 2023 | acquisition | 2021 | — |
CEEE-G (Companhia Estadual de Geração de Energia Elétrica)Word for word“Cost of products sold attributable to our energy segment increased R$153.9 million, or 53.6%, from R$287.3 million in 2022 to R$441.3 million in 2023, mainly due to the update of the energy contracts and the acquisition of CEEE-G in the fourth quarter of 2022.” 20-F for 2023 | acquisition | fourth quarter of 2022 | — |
Lusosider Aços Planos S.A., or LusosiderWord for word“In 2006, we acquired Lusosider Aços Planos S.A. or Lusosider, the only Portuguese company in the steel sector to produce cold-rolled flat steel, with an anti-corrosion coating.” 20-F for 2024 | acquisition | In 2006 | — |
Panatlântica S.A. (29.9% stake)Word for word“In January, we completed the acquisition of the 29.9% of Panatlântica S.A. for R$150 million.” 20-F for 2024 | acquisition | In January | R$150 million |
CSN Mineração (10.74% equity stake) to Itochu CorporationWord for word“In November, we sold a 10.74% equity stake in CSN Mineração to Itochu Corporation, a long-term strategic partner, for R$4.42 billion (approximately US$769 million).” 20-F for 2024 | divestiture | In November | R$4.42 billion (approximately US$769 million) |
Estrela, holding company of Grupo Tora (70%)Word for word“In December 2024, we signed a share purchase agreement with Grupo Tora under which we agreed to purchase shares representing 70% of the capital stock of Estrela, for a total purchase price of R$742.5 million.” 20-F for 2024 | agreed acquisition | In December 2024 | R$742.5 million |
Estrela Comércio e Participações S.A., or Estrela (70%)Word for word“In April 2025, we completed the acquisition of such shares.” 20-F for 2024 | acquisition | In April 2025 | — |
Estrela, the holding company of Grupo ToraWord for word“In 2025, we acquired 70% of Estrela, the holding company of Grupo Tora, for R$742.5 million.” 20-F for 2025 | acquisition | In 2025 | R$742.5 million |
Gramperfil and GalvacolorWord for word“In 2025, we acquired Gramperfil in Portugal and Galvacolor in Spain, through our subsidiaries, expanding our steel processing and value-added steel products operations.” 20-F for 2025 | acquisition | In 2025 | — |
Usiminas (portion of shares)Word for word“In August 2025, we sold a portion of our shares of Usiminas, reducing our direct and indirect equity interest in Usiminas to 4.99% of its common shares, preferred shares and total capital.” 20-F for 2025 | divestiture | In August 2025 | — |
10.74% equity interest in CSN MineraçãoWord for word“In November 2024, we sold a 10.74% equity interest in CSN Mineração to Itochu Corporation, a long-term strategic partner, for R$4.42 billion, with proceeds intended to reduce financial risk and support priority growth projects.” 20-F for 2025 | divestiture | In November 2024 | R$4.42 billion |
Read from National Steel’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.