# National Steel Co: overview

SID · NYSE · CIK 1049659 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sid.md) · [Financials](/companies/sid/financials.md) · [Filings](/companies/sid/filings.md) · [Insiders](/companies/sid/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2020 (2020-12-31) | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [30.1](/filings/0001292814-23-001912.md) | [47.9](/filings/0001292814-24-001763.md) | [44.4](/filings/0001292814-25-001805.md) | [45.4](/filings/0001292814-25-001805.md) | [43.7](/filings/0001292814-25-001805.md) |
| Gross margin | % | [36.4%](/filings/0001292814-23-001912.md) | [46.1%](/filings/0001292814-24-001763.md) | [30.0%](/filings/0001292814-25-001805.md) | [26.3%](/filings/0001292814-25-001805.md) | [26.8%](/filings/0001292814-25-001805.md) |
| Operating margin | % | [19.0%](/filings/0001292814-23-001912.md) | [42.9%](/filings/0001292814-24-001763.md) | [17.2%](/filings/0001292814-25-001805.md) | [11.4%](/filings/0001292814-25-001805.md) | [9.8%](/filings/0001292814-25-001805.md) |
| Net margin | % | [12.6%](/filings/0001292814-23-001912.md) | [25.6%](/filings/0001292814-24-001763.md) | [3.5%](/filings/0001292814-25-001805.md) | [(0.7%)](/filings/0001292814-25-001805.md) | [(5.9%)](/filings/0001292814-25-001805.md) |
| Diluted EPS | $ per share | [2.75](/filings/0001292814-23-001912.md) | [8.91](/filings/0001292814-24-001763.md) | [1.17](/filings/0001292814-25-001805.md) | [(0.24)](/filings/0001292814-25-001805.md) | [(1.95)](/filings/0001292814-25-001805.md) |
| Free cash flow | $bn | [7.9](/filings/0001292814-23-001912.md) | [11.9](/filings/0001292814-24-001763.md) | [(1.3)](/filings/0001292814-25-001805.md) | [2.9](/filings/0001292814-25-001805.md) | [3.2](/filings/0001292814-25-001805.md) |

- Revenue. XBRL Revenue: ifrs-full:Revenue.
- Gross margin (gross profit / revenue). XBRL Gross profit: ifrs-full:GrossProfit; Revenue: ifrs-full:Revenue.
- Operating margin (operating income / revenue). XBRL Operating income: ifrs-full:ProfitLossFromOperatingActivities; Revenue: ifrs-full:Revenue.
- Net margin (net income / revenue). XBRL Net income: ifrs-full:ProfitLossAttributableToOwnersOfParent; Revenue: ifrs-full:Revenue.
- Diluted EPS. XBRL Diluted EPS: ifrs-full:DilutedEarningsLossPerShare.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: ifrs-full:CashFlowsFromUsedInOperatingActivities; Capital expenditure: ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/sid/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $4.1m | 4,514,354 |  | Added +82,496 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $3.3m | 3,611,400 |  | Reduced −1,407,800 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $3.2m | 3,505,358 |  | Reduced −75,906 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $3.1m | 3,340,494 |  | Added +1,756,253 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $1.9m | 2,115,644 |  | Added +1,307,988 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $1.7m | 1,702,500 |  | Reduced −19,451 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $1.5m | 1,647,143 |  | Reduced −207,495 |
| [Banque Cantonale Vaudoise](/funds/1793755.md) | 2026-06-30 | $1.5m | 1,600,000 |  | Unchanged |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $951.9k | 1,040,380 |  | Added +178,986 |
| [XTX Topco Ltd](/funds/1828301.md) | 2026-06-30 | $662.5k | 724,005 |  | Added +199,948 |

## Recent filings

[All 888 filings](/companies/sid/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-09 | 21:10 ET | [6-K](/filings/0001292814-26-004888.md) | Report of a foreign private issuer, period 2026-12-31 | 0001292814-26-004888 |
| 2026-09-29 | 13:00 ET | [6-K](/filings/0001292814-26-004734.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004734 |
| 2026-09-15 | 12:46 ET | [6-K](/filings/0001292814-26-004556.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004556 |
| 2026-09-14 | 22:07 ET | [6-K](/filings/0001292814-26-004538.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004538 |
| 2026-09-03 | 22:51 ET | [6-K](/filings/0001292814-26-004460.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004460 |
| 2026-08-27 | 20:46 ET | [6-K](/filings/0001292814-26-004375.md) | Report of a foreign private issuer, period 2026-06-30 | 0001292814-26-004375 |
| 2026-08-13 | 17:53 ET | [6-K](/filings/0001292814-26-004216.md) | Report of a foreign private issuer, period 2026-06-30 | 0001292814-26-004216 |
| 2026-08-11 | 12:14 ET | [6-K](/filings/0001292814-26-004188.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004188 |
| 2026-08-11 | 12:01 ET | [6-K](/filings/0001292814-26-004186.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004186 |
| 2026-08-10 | 14:11 ET | [6-K](/filings/0001292814-26-004156.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004156 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001292814-26-002714.md), filed Apr 30, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1049659
- Tickers: SID
- Exchange: NYSE
- SIC code: 3310 Steel Works, Blast Furnaces & Rolling & Finishing Mills
- State of incorporation: D5
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:31 ET. No prices; not investment advice.
