Profile: Companhia Siderurgica Nacional (SID.N)
Companhia Siderurgica Nacional, incorporated on April 9, 1941, operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products, including coated galvanized flat steel and tinplate. The Company operates through five segments: steel, mining, cement, logistics and energy. The Company's steel sales are focused on the domestic market.
The steel segment is engaged in the production, distribution and sale of flat steel, long steel, metallic containers and galvanized steel, with operations in Brazil, the United States, Portugal and Germany. The steel segment supplies to various markets, such as construction, steel containers for the Brazilian chemical and food industries, home appliances, automobile and original equipment manufacturer (OEM). The Company's steel units produce hot and cold rolled steel, galvanized and pre-painted steel of great durability. They also produce tinplate, a raw material used to produce metallic containers. The Company's main industrial facility is the Presidente Vargas Steel Mill (UPV), located in the city of Volta Redonda, State of Rio de Janeiro.
The mining segment encompasses the activities of iron ore and tin mining. The iron ore operations are located in the Iron Quadrilateral in Minas Gerais (MG), the Casa de Pedra mine in Congonhas, MG, as well as Congonhas Minerios S.A. (Congonhas Minerios), which has its own mines and sells third party iron ore. Its mining assets include the cargo terminal Itaguai Port, pertaining to Congonhas Minerios, the Bocaina mines, located in the city of Arcos, in the state of Minas Gerais, which produces dolomite and limestone, and Estanho de Rondonia S.A. (ERSA), located in the city of Ariquemes, in the state of Rondonia, which mines and casts tin.
The cement segment is engaged in the cement production, distribution and sale operations. The Company sells cement type CP III-40, CP II-E-32 and CP II-E-40 in bagged and bulk forms. It operates in the markets of Rio de Janeiro, Minas Gerais and Sao Paulo. The Company owns approximately 11 distribution centers located in strategic points: three in Sao Paulo, four in Rio de Janeiro and four in Minas Gerais.
The Company operates a port terminal for containers, Sepetiba Tecon, at Itaguai Port, in the state of Rio de Janeiro, and Congonhas Minerios operates the solid bulks terminal, located at Itaguai Port, in the state of Rio de Janeiro. The Company has equity interests in three railroad companies: MRS Logistica S.A., which manages the former Southeast Network of Rede Ferroviaria Federal S.A. (RFFSA), and Transnordestina Logistica S.A. (TLSA) and Ferrovia Transnordestina Logistica S.A. (FTL), which operate the former Northeast Network of the RFFSA in the states of Maranhao, Piaui, Ceara, Rio Grande do Norte, Paraiba, Pernambuco and Alagoas. TLSA and FTL hold the concession of the former RFFSA's Northeast Network. The Northeast Network totals approximately 4,240 kilometers, divided into two sections: Network I, which consists of the Sao Luiz-Mucuripe, Arrojado-Recife, Itabaiana-Cabedelo, Paula Cavalcante-Macau-Recife and Propria-Jorge Lins (Network I) sections, and Network II, which consists of the Missao Velha-Salgueiro, Salgueiro-Trindade, Trindade- Eliseu Martins, Salgueiro-Porto de Suape and Missao Velha-Porto de Pecem sections.
The Company is an industrial consumer of electric power in Brazil. The Company's main source of electricity is its thermoelectric co-generation power plant at the Presidente Vargas Steelworks, which is fueled by the gases from the steel production process, with approximately 235.2 megawatts installed capacity. In addition, it has approximately 29.5% interest in the Ita Hydroelectric Power Plant in Santa Catarina, through an equity interest in Ita Energetica S.A. (ITASA), and approximately 17.9% interest in the Igarapava Hydroelectric Power Plant in Minas Gerais, from which it has ensured energy an average of over 170 megawatts and an average of approximately 20 megawatts, respectively.
Companhia Siderurgica Nacional
Rua Lauro Muller, 116 36 Andar
SAO PAULO 04.538-132
Company Web Links
- UPDATE 1-Brazil's CSN says spillage at Volta Redonda steelworks slows output
- Brazil's CSN says spillage at Volta Redonda steelworks slows output
- UPDATE 1-Brazil's CSN nears German unit sale, in talks for ore streaming
- Brazil steelmaker CSN reports significant net income drop to $22 million in Q1
- Brazil steelmaker CSN expects 2019 to be "huge" -CEO