tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CSN Strengthens Logistics with Strategic Acquisition

Story Highlights
CSN Strengthens Logistics with Strategic Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Companhia Siderúrgica Nacional ( (SID) ) just unveiled an announcement.

On April 1, 2025, Companhia Siderúrgica Nacional (CSN) completed the acquisition of 70% of Estrela Comércio e Participações S.A., as announced on December 30, 2024. This strategic move is intended to bolster CSN’s intermodal operations by optimizing existing infrastructure, thereby enhancing its performance in the logistics sector.

More about Companhia Siderúrgica Nacional

Companhia Siderúrgica Nacional (CSN) is a major player in the steel industry, primarily engaged in the production and distribution of steel products. The company focuses on leveraging its extensive infrastructure to enhance its logistics operations, aiming to strengthen its market presence.

YTD Price Performance: 17.61%

Average Trading Volume: 2,287,758

Technical Sentiment Signal: Buy

Current Market Cap: $2.2B

See more insights into SID stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1