The company was privatized through a series of auctions held in 1993 and early 1994, through which the Brazilian government sold its 91% interest in the company.
該公司在1993年至1994年早期經過一系列拍賣後被私有化，巴西政府在這些拍賣中出售了其所持有巴西國家鋼鐵公司公司91%的權益。