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CSN Mineracao (CSNA3.SA) cuts 2026 iron ore output and raises C1 cash cost guidance

CSN Mineracao revises 2026 production guidance to 39.0-41.0 mt from 45.0-47.0 mt and increases 2026 C1 cash cost guidance to $25.0-$26.0/ton from $22.0/ton-$23.5/ton, citing lower-grade ore output reduction at the Pires complex due to more challenging market conditions, including higher freight costs.

CMIN3.SACSNA3.SA

0 Mt. 5/ton. CSN Mineracao said it decided to temporarily reduce output of lower-grade iron ore at the dry processing plant of the Pires complex because of more challenging market conditions, including higher freight costs.