EX-8.1 3 ex08-1.htm EX-8.1

EXHIBIT 8.1

 

 

Equity interests (%)

    

Companies

12/31/2024

12/31/2023

Core business

Jurisdiction of incorporation

Direct interest in subsidiaries: full consolidation        
CSN Islands VII Corp. 100.00 100.00 Financial transactions Cayman Islands
CSN Inova Ventures 100.00 100.00 Equity interests and financial transactions Cayman Islands
CSN Islands XII Corp. 100.00 100.00 Financial transactions Cayman Islands
CSN Steel S.L.U. 100.00 100.00 Equity interests and financial transactions Spain
TdBB S.A (*) 100.00 100.00 Equity interests Panama
Sepetiba Tecon S.A. 99.99 99.99 Port services Brazil
Minérios Nacional S.A. 99.99 99.99 Mining and Equity interests Brazil
Companhia Florestal do Brasil 99.99 99.99 Reforestation Brazil
Estanho de Rondônia S.A. 99.99 99.99 Tin Mining Brazil
Companhia Metalúrgica Prada 99.89 99.89 Manufacture of containers and distribution of steel products Brazil
CSN Mineração S.A. (1) 69.01 79.75 Mining Brazil
CSN Energia S.A. 99.99 99.99 Sale of electric power Brazil
FTL - Ferrovia Transnordestina Logística S.A. 92.71 92.71 Railroad logistics Brazil
Nordeste Logística S.A. 99.99 99.99 Port services Brazil
CSN Inova Ltd. 100.00 100.00 Advisory and implementation of new development project Israel
CBSI - Companhia Brasileira de Serviços de Infraestrutura 99.99 99.99 Services render Brazil
CSN Cimentos Brasil S.A. 99.99 99.99 Manufacturing and sale of cement Brazil
Berkeley Participações e Empreendimentos S.A. 100.00 100.00 Electric power generation and equity interests Brazil
CSN Inova Soluções S.A. 99.99 99.90 Equity interests Brazil
CSN Participações I 99.90 99.90 Equity interests Brazil
Circula Mais Serviços de Intermediação Comercial S.A. 0.10 0.10 Commercial intermediation for the purchase and sale of assets and materials in general Brazil
CSN Participações III 99.90 99.90 Equity interests Brazil
CSN Participações IV 99.90 99.90 Equity interests Brazil
CSN Participações V 99.90 99.90 Equity interests Brazil
CSN Incorporação e Participações Ltda. (2) 99.99   Equity interests Brazil
Indirect interest in subsidiaries: full consolidation        
Lusosider Projectos Siderúrgicos S.A. 100.00 100.00 Equity interests and product sales Portugal
Lusosider Aços Planos, S. A. 100.00 99.99 Steel and Equity interests Portugal
CSN Resources S.A. 100.00 100.00 Financial transactions and Equity interests Luxembourg
Companhia Brasileira de Latas 99.89 99.88 Sale of cans and containers in general and Equity interests Brazil
Companhia de Embalagens Metálicas MMSA 99.88 99.87 Production and sale of cans and related activities Brazil
Companhia de Embalagens Metálicas – MTM 99.88 99.87 Production and sale of cans and related activities Brazil
CSN Productos Siderúrgicos S.L. 100.00 100.00 Financial transactions, product sales and Equity interests Spain
Stalhwerk Thüringen GmbH 100.00 100.00 Production and sale of long steel and related activities Germany
CSN Steel Sections Polska Sp.Z.o.o 100.00 100.00 Financial transactions, product sales and Equity interests Poland
CSN Mining Holding, S.L.U. 69.01 79.75 Financial transactions, product sales and Equity interests Spain
CSN Mining GmbH 69.01 79.75 Financial transactions, product sales and Equity interests Austria
CSN Mining Asia Limited 69.01 79.75 Commercial representation Hong Kong
Lusosider Ibérica S.A. 100.00 100.00 Steel, commercial and industrial activities and equity interests Portugal
CSN Mining Portugal, Unipessoal Lda. (3)   79.75 Commercial and representation of products Portugal
Companhia Siderúrgica Nacional, LLC 100.00 100.00 Import and distribution/resale of products United States
Elizabeth Cimentos S.A. 99.99 99.98 Manufacturing and sale of cement Brazil
Santa Ana Energética S.A. 99.99 99.98 Electric power generation Brazil
 
 

 

Topázio Energética S.A. 99.99 99.98 Electric power generation Brazil
Brasil Central Energia Ltda. 99.99 99.98 Electric power generation Brazil
Circula Mais Serviços de Intermediação Comercial S.A. 99.99 99.90 Commercial intermediation for the purchase and sale of assets and materials in general Brazil
Metalgráfica Iguaçu S.A 99.89 99.89 Metal packaging manufacturing Brazil
Companhia Energética Chapecó 69.00 79.75 Electric power generation Brazil
Companhia Estadual de Geração de Energia Elétrica - CEEE-G (4) 100.00 98.98 Electric power generation Brazil
Ventos de Vera Cruz S.A. 99.99 98.97 Electric power generation Brazil
Ventos de Curupira S.A 99.99 98.97 Electric power generation Brazil
Ventos de Povo Novo S.A. 99.99 98.97 Electric power generation Brazil
MAZET Maschinenbau und Zerspanungstechnik Unterw ellw nborn GmbH 100.00 100.00 Production and sale of long steel and related activities Germany
CSN Mining International GmbH 69.01 79.75 Commercial and representation of products Switzerland
CSN International Steel GmbH (5) 100.00   Commercial and representation of products Switzerland
Direct interest in joint operations: proportionate consolidation        
Itá Energética S.A. 48.75 48.75 Electric power generation Brazil
Direct interest in joint ventures: equity method        
MRS Logística S.A. 18.75 18.64 Railroad transportation Brazil
Aceros Del Orinoco S.A. (*) 31.82 31.82 Dormant company Panama
Transnordestina Logística S.A. 48.03 48.03 Railroad logistics Brazil
Equimac S.A 50.00 50.00 Rental of commercial and industrial machinery and equipment Brazil
Indirect interest in joint ventures: equity method        
MRS Logística S.A. 12.93 14.86 Railroad transportation Brazil
Direct interest in associates: equity method        
Arvedi Metalfer do Brasil S.A. 20.00 20.00 Metallurgy and Equity interests Brazil
Panatlântica S.A. (6) 29.92   Steel Brazil
Indirect interest in affiliates: equity method        
Jaguari Energética S.A. 10.50 10.39 Electric power generation Brazil
Chapecoense Geração S.A. (4) 9.00 8.91 Electric power generation Brazil
Companhia Energética Rio das Antas - Ceran (4) 30.00 29.69 Electric power generation Brazil
Ventos do Sul Energia S.A. (4)   9.90 Electric power generation Brazil
Foz Chapecó Energia S.A. (4) 9.00 8.91 Electric power generation Brazil
Exclusive funds: full consolidation        
Diplic II - Private credit balanced mutual fund 100.00 100.00 Investment fund Brazil
Caixa Vértice - Private credit balanced mutual fund 100.00 100.00 Investment fund Brazil
VR1 - Private credit balanced mutual fund 100.00 100.00 Investment fund Brazil
Consortiuns        
Consórcio Itaúba 99.99 100.00 Electric power generation Brazil
Consórcio Passo Real 92.78 100.00 Electric power generation Brazil
Consórcio da Usina Hidrelétrica de Igarapava 17.92 17.92 Electric power generation Brazil
Consórcio Dona Francisca 15.00 15.00 Electric power generation Brazil

 

(*) Dormant companies.

(1)On November 12, 2024, we sold a portion of our shares in CSN Mineração to Itochu Corporation, reducing our ownership stake from 79.75% to 69.01%.
(2)On November 5, 2024, we, together with our subsidiary Companhia Florestal do Brasil, established CSN Incorporação e Participação Ltda., whose primary purpose is real estate development.
(3)On September 5, 2024, CSN Mining Portugal Unipessoal Ltda. was liquidated and dissolved.
(4)On February 21, 2024, we began to hold 100% of the shares in CEEE-G, compared to 98.98% as of December 31, 2023.
(5)On March 7, 2024, our direct subsidiary, CSN Steel S.L.U., established CSN International Steel GmbH.
(6)On January 15, 2024, Panatlântica began to be accounted for using the equity method, following the acquisition of an additional 18.61% of its shares for a total consideration of R$150,000. As a result, we now hold 29.92% of Panatlântica’s capital, compared to 11.31% as of December 31, 2023.