NATIONAL STEEL CO reported Q4 2024 results on March 12, 2025, showing an 8.7% increase in Net Revenues to R$ 12,026 million, but a net loss of R$ 85 million for the quarter and R$ 1.5 billion for the year due to high financial expenses and commodity price drops. The company's Adjusted EBITDA reached R$ 3,335 million with a margin of 26.8%.