# Huaxin Construction Materials signs exclusive agreement to acquire Brazilian cement company from CSN

Huaxin Construction Materials signed an exclusive agreement on October 30, 2026, to acquire a Brazilian cement company from CSN (Companhia Siderúrgica Nacional) for an enterprise value of BRL 12.7 billion (approximately CNY 15.868 billion). The deal is subject to final agreements and regulatory approvals.

- Type: Acquisition
- Announced: 2026-10-30
- Where: Brazil
- Value: $2.40B (12.7B BRL)
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Huaxin Construction Materials](https://endata.com/companies/15066.md) (acquirer)
- [Companhia Siderúrgica Nacional](https://endata.com/companies/15067.md) (partner)

## Sources

- [ccement.com](https://www.ccement.com/news/content/63600830979785001.html), 2026-11-02: "公司拟收购巴西国家钢铁公司（CSN）持有的标的公司巴西水泥公司股权。"

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