Cement Net Video: The Highest Valuation Exceeds 20 Billion yuan! Huaxin Cement Intends to Acquire Overseas Giants

On March 17, Brazil's National Steel Corporation (CSN) plans to sell its cement business at a valuation of up to $3 billion (about 20.622 billion yuan). Both Huaxin Cement and Brazil's Votorantim Cimentos have shown interest in potential acquisitions. At present, CSN has hired Morgan Stanley to push forward the evaluation, the transaction is still in the early stage, and the final result is to be determined.