Brazilian steelmaker CSN has signed an exclusivity agreement with China’s Huaxin Cement regarding the sale of its cement business.
Under the proposed transaction, Huaxin will acquire 100 % of the shares in CSN Cimentos, with the deal valued at R$12.7 billion.
The agreement follows CSN’s strategy announced in January 2026, when the company’s board of directors approved a plan to divest major assets and pursue strategic measures to reduce debt and rebalance its capital structure.
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