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CSN Cimentos, controlled by Companhia Siderúrgica Nacional (CSN), completed the acquisition of control of Elizabeth Cimentos S.A. and Elizabeth Mineração Ltda. on August 31, 2021.
Companhia Siderúrgica Nacional (CSN), through its subsidiary CSN Cimentos, has reached an agreement to acquire Elizabeth Cimentos for BRL 1.08 billion (US$214 million), boosting its cement capacity in northeast Brazil by 1.3 Mt/y to around 6 Mt/y.