CSN Mineracao posts 2Q26 net income of R$ 219 million, up 89% y/y
Reuters2026/08/13 12:55- CSN Mineração posted 2Q26 net income of R$ 219 million, up 89% from 2Q25, despite higher logistics costs.
- Adjusted EBITDA fell to R$ 1.02 billion, down from R$ 1.42 billion in 1Q26; margin narrowed to 35.5% from 37.2%.
- Adjusted free cash flow swung to R$ 1.1 billion from negative in 1Q26, driven by a working-capital release.
- Sales volume rose 23% quarter-on-quarter to 11,849 thousand tons; adjusted net revenue slipped 9.4% to R$ 2.87 billion.
- Unit net revenue dropped to $49.09 per ton, down 21.5% quarter-on-quarter; C1 cash cost increased to $24 per ton.
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