The plan involves selling part or all of the company's steel business to reduce the group's financial leverage, which is currently about 3.14 times EBITDA. This equates to a net financial debt of 37.5 billion BRL ($7.1 billion).
The Volta Redonda plant, located in the state of Rio de Janeiro, is a long-standing steel mill that currently requires investments to modernize and continue its operations. One blast furnace is currently not in operation, rolling operations are underway with reduced productivity, and the facility is constantly exposed to environmental problems expressed by local residents.
The group includes companies in iron ore mining, cement production and infrastructure, with a large difference between sales and profitability.
In the third quarter of 2025, steel accounted for 45.0 percent of the group's revenue, mining - 37.5 percent and cement - 11.3 percent, while in terms of ebitda, the ratios were 12.9 percent, 37.5 percent and 11.7 percent, respectively.
USD = BRL 5.25
