Companhia Siderurgica Nacional S.A. (SID) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen. At this time, we would like to welcome everyone to CSN's earnings conference call for the fourth quarter 25 and full year. Today we have with us the company's executive officers. We would like to inform you that this event is being recorded and all participants will be in this and only mode during the company presentation. In doing this, we will go on to the question and answer session when further instructions will be provided. The event can be accessed at ri.csn.com.br where the presentation is also available. There will be a replay service for this call on the website. Before proceeding, we would like to state that some of the forward-looking statements or trends are based on current assumptions and opinions of the company's management. They may differ materially from those expressed herein, which do not constitute protection. In fact, actual results, performances, or events may differ materially from those expressed or implied by forward-looking statements as a result of several factors, such as general and economic conditions in Brazil and other countries, interest rates and exchange rate level, future rescheduling or prepayment of debt denominated in foreign currencies, protectionist measures in the US, Brazil and other countries, changes in laws and regulations and general competitive factors at a global, regional and national basis. We would now like to turn the floor over to Marco Ravello, Investor Relations Executive Officer, who will present the company's operating and financial highlights for the period. You may proceed, Mr. Ravello. Good morning, everybody. And thank you for participating in another earnings call for CFSEN. We're here to speak about the result for the fourth quarter, 25 and full year, a very special ...