CSN plans sale of cement business; Chinese firms among bidders

Brazilian steel giant CSN is selling its cement business, expected to fetch over BRL 10 billion. Chinese companies Anhui Conch Cement, Huaxin Building Materials, and Sinoma International have expressed intent to bid, along with other international and Brazilian firms.

“the cement asset is expected to sell for more than 10 billion reals (13.759 billion yuan)”cementchina.net

• 1 source
• cementchina.net"Fierce battle" overseas! CNBM, Conch and Huaxin Intend to Acquire the Same Overseas Assets, the Amount Will Exceed 10 Billion!Apr 24, 2026

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