Brazilian steelmaker Companhia Siderurgica Nacional (CSN) expects its Capex spending at its steel business in 2021 to reach BRL 1 billion ($179.5 million).
As for the 2022-2026 period, the company said Capex spending for its steel business should total BRL 6.3 billion ($1.13 billion).
The Brazilian steelmaker said it expects its net debt by end-2021 to reach BRL 15 billion ($2.69 billion). CSN said steel sales volumes in 2021 to reach 5.15 million mt, and 5.10 million mt in 2022.