China Huaxin Cement is interested in bidding for the cement business of Brazilian steel giant CSN.
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.
China Huaxin Cement is interested in bidding for the cement business of Brazilian steel giant CSN.
2026-03-19 11:01:28
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On June 15, the launching ceremony of 2026 Hubei Energy Conservation Publicity Week was held in Han. Deng Xikun, Director of Cement Business of Huaxin Building Materials and Secretary-General of Provincial Cement Association, read out the Proposal for Energy Conservation and Carbon Reduction on behalf of Huaxin. As a benchmark enterprise of green low-carbon development in building materials industry, Huaxin will further cultivate carbon reduction technology, iterate green products, export industry standards, and promote the green transformation of the whole chain of building materials.
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