BNET Industries
Market Cap:$27.4B
Last Fiscal Year Sales:$38.4B
- Public
- BR
Dow Jones Description
Companhia Siderurgica Nacional was founded on April 9, 1941, becoming operational on October 1, 1946. As the first integrated flat steel producer in Brazil, CSN played a historical role in the country's industrialization process. Steel from its mills permitted the implantation of the nation's first domestic industries, the nucleus of the modern day Brazilian industrial park. Privatized in 1993, with over six decades in the market, the company continues to make history. A listed public company, with shares traded on the Sao Paulo and New York (NYSE) stock exchanges, CSN is one of the largest and most competitive integrated steel companies in Latin America. With an annual production capacity of 5.8 million tons and around eight thousand employees, CSN is focused on steel production, mining and infrastructure. The company has one of the most comprehensive lines of high added value flat steel on offer throughout the continent.
Chairman & CEO
Benjamin SteinbruchNumber of Employees 8,175
Contact Information
Rua Sao Jose N 20 Grupo 1602
Centro
Rio de Janeiro 20010-020
(55) 21 2215 3021
Peer Companies
NAICS Code Iron and Steel Mills: 331111
News & Analysis
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companhia siderurgica nacional and fitch ratings - All News and Analysis
Fitch: Brazilian Steelmakers Well Positioned for Iron Ore Price Increase in 2008
NEW YORK -- Against a backdrop of rising iron ore prices, Brazilian steel producers should maintain high profit margins relative to their global peers during 2008, according to Fitch Ratings. Brazilian steel companies enjoy important competitive advantages, including modern production facilities, close proximity to sources of iron ore and a...
Fitch Affirms Companhia Siderurgica Nacional's Ratings
NEW YORK -- Fitch Ratings has affirmed the 'BBB-' foreign and local currency Issuer Default Ratings IDRs of Companhia Siderurgica Nacional CSN and the company's 'AAbra' national scale rating. The Rating Outlook is Stable. Fitch has also affirmed the 'BBB-' ratings assigned to CSN's unsecured debt obligations issued by...
Fitch Places CSN on Rating Watch Negative; Corus Remains on Watch
CHICAGO -- Fitch Ratings has placed the following ratings of Companhia Siderurgica Nacional CSN and related entities on Rating Watch Negative: -- Foreign currency and local currency Issuer Default Ratings IDRs 'BBB-'; -- Unsecured debt obligations issued by CSN Islands entities 'BBB-'; -- National scale rating and...
Fitch Affirms CSN's Ratings
CHICAGO -- Fitch Ratings has affirmed the 'BBB-' international scale foreign currency and local currency issuer default ratings IDR for Companhia Siderurgica Nacional CSN. CSN's national scale rating of 'AAbra' was also affirmed. The Outlook for all the corporate ratings is Stable. CSN's ratings are supported by the company's...
Fitch Rates CSN's Debenture Issuance 'AA-'
CHICAGO -- Fitch Ratings has assigned an 'AA-bra' National Scale rating to the proposed BRL600 million fourth debenture issuance of Companhia Siderurgica Nacional CSN due Feb. 1, 2012. The debentures rank pari passu with CSN's other unsecured debt obligations. The proceeds of the issuance are expected to be used for...
Fitch Assigns 'BB-' Rating to National Steel's Perpetual Bond Issuance
CHICAGO -- Fitch Ratings has assigned an international foreign currency rating of 'BB-' to the proposed US$500 million perpetual notes to be issued by National Steel S.A. National Steel. National Steel is a holding company that is 100% indirectly controlled by Brazil's Steinbruch family and whose sole asset will consist...
Fitch Releases Report on CSN Export Receivables Trust 2005-1
CHICAGO -- Fitch Ratings has released an international new issue report on the 'BBB-' rating to Companhia Siderurgica Nacional CSN Export Receivables Master Trust 2005-1 issuance. The rating applies to the issuance of US$250 million fixed-rate certificates. The series 2005-1 certificates, all representing senior undivided interest in the trust assets...
Fitch Ratings Affirms Companhia Siderurgica Nacional's Ratings
CHICAGO -- Fitch Ratings has affirmed Companhia Siderurgica Nacional's CSN local currency rating of 'BBB-' and the foreign currency rating of 'BB-', as well as the company's national scale rating of 'AA-bra'. CSN's local currency rating applies to the company's outstanding secured export notes series 2003-1, 2003-2, and 2004-1 issued...
Fitch Ratings Upgrades MRS Logistica's Ratings
Business Editors CHICAGO--BUSINESS WIRE--June 11, 2004 Fitch Ratings has upgraded its local currency rating of MRS Logistica MRS to 'BB' from 'BB-'. Fitch has also upgraded the company's national scale rating that applies to its first debenture issue to 'A-bra' from 'BBB+bra' and the national scale rating that...
Fitch Ratings Upgrades CSN's Local Currency Rating to 'BBB-'
Business Editors
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- 2
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Otavio de Garcia Lazcano | Chief Financial Officer |
| Lauro Henrique Campos Rezende | Executive Director, Investor Relations & Investments |
| Marcos Marinho Lutz | Executive Director, Infrastructure & Energy |
| Nelson Geraldo Silva da Cunha | Executive Director, Engineering |
| Vasco Augusto Pinto da Fonseca Diaz | Executive Director, Sales |
| Marcos Leite Ferreira | Manager, Investor Relations |
| Eneas Garcia Diniz | Executive Officer, Production Section |
| Isaac Popoutchi | Executive Officer |
| Juarez Avelar Saliba | Executive Officer, Mining Business |
| Pedro Felipe Neto | Institutional Executive Officer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Benjamin Steinbruch | Chairman & CEO |
| Antonio Francisco dos Santos | Board of Directors |
| Darc Antonio da Luz Costa | Board of Directors |
| Dionisio Dias Carneiro Netto | Board of Directors |
| Fernando Perrone | Board of Directors |
| Jacks Rabinovich | Vice Chairman |
| Mauro Molchansky | Board of Directors |
| Yoshiaki Nakano | Board of Directors |
Mr. Steinbruch was born on June 28, 1953 and has been Chairman of our Board of Directors since April 28, 1995 and Chief Executive Officer since April 30, 2002. Mr. Steinbruch is also Superintendent Officer of Vicunha Siderurgia.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Chairman & CEO | Current |
| Companhia Siderurgica Nacional | Board of Directors | Current |
Mr. Lazcano was born on June 09, 1969, and elected Executive Officer responsible for the financial area on August 08, 2006. He has been in our company since 1996, acting as Financial Operations Manager until 2003 e and as CFO thereafter.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Executive Director, Investor Relations & Investments | Current |
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Executive Director, Infrastructure & Energy | Current |
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Executive Director, Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Executive Director, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Manager, Investor Relations | Current |
Mr. Diniz was born on January 1, 1960 and elected Executive Officer of the Production Section in June 2005. He has been in our company since 1985, acting as General Manager of Hot Rolling, General Manager of Maintenance, Metallurgy Director and General Director of Usina Presidente Vargas.
| Organization | Position | Status |
|---|---|---|
| Brazilian American Chamber of Commerce, Inc. | Executive Director | Current |
| Companhia Siderurgica Nacional | Executive Officer, Production Section | Current |
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Executive Officer | Current |
Mr. Saliba was born on February 13, 1961, and elected Executive Officer responsible for the Mining Business on September 26, 2006. Prior to joining CSN, Mr. Saliba served as Chief Executive Officer of FERTECO Mineração, Executive Officer of CVRD’s Sistema Sul (South Operations) and Sistema Norte (North Operations).
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Executive Officer, Mining Business | Current |
Mr. Borges Neto was born on September 27, 1951, and originally elected Institutional Executive Officer in September 20, 2005. Prior to joining CSN, Mr. Borges Neto served as Superintendent Officer, Vice-President and Chief Executive Officer at Vicunha Têxtil. He is currently a member of the Board of Directors of both Companhias Gás do Ceará e Companhia Ferroviária do Nordeste - CFN.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Institutional Executive Officer | Current |
Mr. Santos was born on December 6, 1950 and has been a Member of our Board of Directors since November 25, 1997. Since 1972, Mr. Santos has served in various positions of responsibility, including Coordinator of Industrial Engineering, Chief of Industrial Engineering, and Chief of Production Planning. He is currently Chairman and Chief Executive Officer of the Board of the Clube de Investimento CSN ("CSN Employee Investment Club") and a member of the Board of Directors of CBS.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Board of Directors | Current |
Mr. Carneiro Netto was born on September 23, 1945 and elected a Member of our Board of Directors on April 30, 2002. He is a Professor at Pontifícia Universidade Católica do Rio de Janeiro.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Board of Directors | Current |
Mr. Perrone was born on May 6, 1947 and elected a Member of our Board of Directors on September 26, 2002. He was Executive Officer of the Infrastructure/Energy sector from July 10, 2002 to October 2, 2002. Previously, Mr. Perrone occupied the position of Chief Executive Officer of Empresa Brasileira de Infra-Estrutura Aeroportuária – INFRAERO and was an officer of BNDES.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Board of Directors | Current |
Mr. Rabinovich was born on September 20, 1929 and has been a Member of our Board of Directors since April 23, 1993 and Vice Chairman since April 24, 2001. He is also Chief Executive Officer of Vicunha Siderurgia.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Vice Chairman | Current |
| Companhia Siderurgica Nacional | Vice Chairman | Current |
Mr. Molchansky was born on September 11, 1950 and has been a Member of our Board of Directors since April 24, 2001. He was Executive Officer of Globo Comunicações e Participações S.A. – Globopar from August 1994 to March 2002. Before joining Globopar in 1994, he was Financial Officer and Investor Relations Officer of Aracruz Celulose S.A.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Board of Directors | Current |
Mr. Nakano was born on August 30, 1944 and has been a Member of our Board of Directors since April 29, 2004. From 1995 to 2001 Mr. Nakano was Treasury Secretary of the State of São Paulo. Since 2001, he has been Chief of the Economics Department at Fundação Getúlio Vargas – FGV/SP.
| Organization | Position | Status |
|---|---|---|
| Companhia Siderurgica Nacional | Board of Directors | Current |
Executive News
-
Brazil Steelmaker CSN Sees Improving Iron Ore Prices - Estado
-
Brazil Miner Namisa To Sell 14.5 Million Tons Iron Ore In 2009 Report
| Volume | 1,185,811 |
| Shares Outstanding | 793.4M |
| Market Cap | 27.4B |
| Year High | 38.14 |
| Year Low | 11.85 |
| Earnings Per Share | 3.98 |
| P/E Ratio | 8.6910 |
| Dividend | 1.0211 |
| Yield | 2.9520 |
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