# Huaxin Cement plans to buy CSN cement division for $2.4 billion

China's Huaxin Cement plans to acquire the cement division of Brazilian company Companhia Siderurgia Nacional (CSN) for 12 billion reais ($2.4 billion). The deal faces resistance from Holcim, a key shareholder of Huaxin.

- Type: Acquisition
- Announced: 2026-07-18
- Where: Brazil
- Value: $2.40B
- Status: rumored
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Holcim](https://endata.com/companies/15354.md) (investor)
- [Huaxin Cement](https://endata.com/companies/16152.md) (acquirer)
- [Companhia Siderurgia Nacional](https://endata.com/companies/93077.md) (target)

## Sources

- [akm.ru](https://www.akm.ru/eng/news/china-s-huaxin-cement-plans-to-buy-out-brazil-s-csn-division-for-2-4-billion/), 2026-07-18: "Huaxin plans to buy out the CSN division for 12 billion reais ($2.4 billion)."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.