Thursday, 13 August 2026 · World
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EUROS The World Financial Report
Nº 33 Thursday, 13 August 2026 · World Edition
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Emerging Markets

CSN’s Loss Widens to US$143 Million as Cheap Chinese Steel and Debt Bite

The Rio Times · 1h ago · 🇧🇷 Brazil
CSN’s Loss Widens to US$143 Million as Cheap Chinese Steel and Debt Bite

CSN slid to a Q2 2026 net loss of R$773 million (about US$143 million), nearly six times worse than a year earlier. The steel business still made money, but a flood of cheap Chinese imports and a heavy debt load pushed the result into the red. The post CSN’s Loss Widens to US$143 Million as Cheap Chinese Steel and Debt Bite appeared first on The Rio Times .

Read the full story at The Rio Times →