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CSN sees big capex boost, leverage below 1x in 2022

Dec. 08, 2021 10:29 AM ETCompanhia Siderúrgica Nacional (SID)By: Carl Surran, SA News Editor11 Comments

Plant for the production of steel. An electric melting furnace. Factory worker takes a sample for metal

davit85/iStock via Getty Images

  • Brazilian steelmaker Companhia Siderurgica Nacional (SID +1.4%) says it plans a sharp rise in capital spending for next year, guiding for a 46% Y/Y increase to 4.1B reais ($727.8M) from 2.8B reais in 2021.
  • CSN

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