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CSN announces its Annual Report on Form 20-F for the fiscal year ended December 31, 2025

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Companhia Siderúrgica Nacional (NYSE: SID) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission on April 30, 2026.

Shareholders and ADR holders may request a free hard copy of the complete audited financial statements from CSN's Investor Relations Department. The Form 20-F is also available on CSN's Investor Relations website at www.ri.csn.com.br.

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Market Context

This announcement confirmed CSN’s Form 20-F filing for the year ended December 31, 2025, giving inve...
Analysis

This announcement confirmed CSN’s Form 20-F filing for the year ended December 31, 2025, giving investors access to full audited financials and risk disclosures. The regulatory context shows high leverage of R$56,924.6 million debt against R$14,421.0 million cash and export sales at 50.25% of revenue. Investors monitoring this disclosure would likely focus on debt maturity of R$10,523.0 million in 2026 and broader macro and FX sensitivities detailed in the filing.

Key Figures

Brazil GDP growth 2023: 2.9% Brazil GDP growth 2024: 3.4% Brazil GDP growth 2025: 2.3% +5 more
8 metrics
Brazil GDP growth 2023 2.9% Macroeconomic exposure detailed in Form 20-F
Brazil GDP growth 2024 3.4% Macroeconomic exposure detailed in Form 20-F
Brazil GDP growth 2025 2.3% Macroeconomic exposure detailed in Form 20-F
Export share of sales 50.25% Export sales as percentage of total sales in 2025
FX-linked debt R$33,897.5 million U.S. dollar‑denominated or linked debt, 63.25% of total indebtedness
Total debt R$56,924.6 million Overall indebtedness reported in Form 20-F
Cash and equivalents R$14,421.0 million Cash and cash equivalents balance in Form 20-F
Debt maturing 2026 R$10,523.0 million Portion of total debt maturing in 2026

Key Terms

form 20-f, american depositary shares, securities and exchange commission
3 terms
form 20-f regulatory
"has filed its Annual Report on Form 20-F for the fiscal year ended"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
american depositary shares financial
"Shareholders and holders of American depositary shares representing CSN's shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
securities and exchange commission regulatory
"with the U.S. Securities and Exchange Commission on April 30, 2026"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SÃO PAULO, April 30, 2026 /PRNewswire/ -- Companhia Siderúrgica Nacional (NYSE: SID and B3: CSNA3) ("CSN") has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission on April 30, 2026.

Shareholders and holders of American depositary shares representing CSN's shares have the ability to, upon request to CSN's Investor Relations Department, receive a hard copy of CSN's complete audited financial statements, free of charge, within a reasonable period of time following the request.

CSN's Annual Report on Form 20-F can also be accessed on CSN's Investor Relations website: www.ri.csn.com.br.

Cision View original content:https://www.prnewswire.com/news-releases/csn-announces-its-annual-report-on-form-20-f-for-the-fiscal-year-ended-december-31-2025-302759570.html

SOURCE CSN - Companhia Siderurgica Nacional

FAQ

What did SID announce about its Form 20-F filing on April 30, 2026?

The company filed its Annual Report on Form 20-F for the fiscal year ended Dec 31, 2025. According to the company, investors can request a free hard copy of audited financial statements from Investor Relations or view the report online.

How can shareholders and ADR holders get CSN's audited financial statements (SID)?

Shareholders and ADR holders can request a free hard copy from CSN's Investor Relations Department. According to the company, the copy will be provided within a reasonable period after the request and the full Form 20-F is available online.

Where can I access SID's Annual Report on Form 20-F for fiscal 2025?

The Annual Report on Form 20-F is available on CSN's Investor Relations website at www.ri.csn.com.br. According to the company, the report filed April 30, 2026, includes the complete audited financial statements.

Does the April 30, 2026 SID filing include audited financial statements for 2025?

Yes. According to the company, the Form 20-F filed April 30, 2026, contains CSN's complete audited financial statements for the fiscal year ended Dec 31, 2025. Shareholders may request a free hard copy from Investor Relations.

Who should I contact to request a hard copy of SID's 2025 audited financials?

Contact CSN's Investor Relations Department to request a free hard copy of the audited financial statements. According to the company, requests will be fulfilled within a reasonable period and the Form 20-F is also online.