tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CSN Transfers Majority of MRS Logística Stake to Mining Subsidiary for R$3.35 Billion

Story Highlights
  • On December 18, 2025, CSN approved selling up to 11.17% of MRS Logística to its mining unit for R$3.35 billion.
  • After a two-step sale, CSN will retain only 13.69% voting common shares in MRS, aligning rail assets with its mining business.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CSN Transfers Majority of MRS Logística Stake to Mining Subsidiary for R$3.35 Billion

Claim 70% Off TipRanks This Holiday Season

Companhia Siderúrgica Nacional ( (SID) ) has provided an update.

On December 18, 2025, CSN’s board approved and executed a reorganization of its stake in rail operator MRS Logística S.A. by selling up to 11.17% of MRS’s capital to its mining subsidiary CSN Mineração (CMIN) for a total of up to R$3.35 billion, a move that shifts the rail asset from the parent to the mining arm while keeping the investment within the group. The first transaction, completed on December 18, 2025, transferred a 9.17% interest in MRS to CMIN for R$2.75 billion, and a second, already approved transaction for an additional 2% stake for R$600 million remains subject to customary regulatory and legal approvals; after these steps, CSN will retain only common shares equivalent to 13.69% of MRS’s voting capital, still bound by the existing shareholders’ agreement, signaling an internal capital reallocation and potential operational alignment between its mining and logistics businesses without fully exiting the rail concession.

The most recent analyst rating on (SID) stock is a Sell with a $1.40 price target. To see the full list of analyst forecasts on Companhia Siderúrgica Nacional stock, see the SID Stock Forecast page.

Spark’s Take on SID Stock

According to Spark, TipRanks’ AI Analyst, SID is a Neutral.

Companhia Siderúrgica Nacional’s overall stock score reflects a challenging financial performance with high leverage and negative profitability. However, the recent earnings call indicates operational improvements and a reduction in leverage, which are positive signs. The technical indicators suggest moderate strength, and the high dividend yield may appeal to some investors despite the negative P/E ratio.

To see Spark’s full report on SID stock, click here.

More about Companhia Siderúrgica Nacional

Companhia Siderúrgica Nacional (CSN), also known as National Steel Company, is a Brazilian publicly held steel producer with shares listed on B3 and the New York Stock Exchange. Through its subsidiaries it also operates in mining and logistics, including rail transportation, supporting its vertically integrated position in the domestic and export steel and mining markets.

Average Trading Volume: 2,614,287

Technical Sentiment Signal: Hold

Current Market Cap: $2.28B

Find detailed analytics on 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