Cement Network Video: "Fierce Battle" Overseas! CNBM, Conch and Huaxin intend to acquire the same overseas assets, with a total turnover of more than 10 billion yuan!

2026-04-23 17:54:38

Brazilian steel giant CSN is pushing ahead with the sale of its cement business, according to the website. The asset is expected to sell for more than 10 billion reals (about 13.759 billion yuan). The bid attracted many participants, especially Chinese companies, including Conch Cement, Huaxin Building Materials and Sinoma International, a subsidiary of China Building Materials.

Brazilian steel giant CSN is pushing ahead with the sale of its cement business,

according to the website. The asset is expected to sell for more than 10 billion reals (about 13.759 billion yuan). The bid attracted many participants, especially Chinese companies, including Conch Cement , Huaxin Building Materials and Sinoma International, a subsidiary of China Building Materials. It is reported that Huaxin Building Materials has completed the relevant acquisition layout in Brazil in 2024, and has the market foundation in the early stage. In addition, Brazil's Votorantim Group and J & F, as well as Italian and Mexican companies, have joined the competition.

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Correlation

Cement Network Video: "Fierce Battle" Overseas! CNBM, Conch and Huaxin intend to acquire the same overseas assets, with a total turnover of more than 10 billion yuan!

2026-04-23 17:54:38

CEMPI

94.8

0 0%

CONCPI

88.80

-0.64 -0.72%

CLKPI

97.46

0.00 0.00%

SPPI

44.52

-0.26 -0.58%

MORPI

73.32

0.00 0.00%

Huaxin Launches "Green" Initiative at the Launching Ceremony of Hubei Energy Conservation Publicity Week

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.