CSN advances cement business sale with second bidding round
Brazil's CSN has launched a second round of bidding for its cement business, with the sale expected to close by the end of 2026 for more than BRL10bn (US$1.95bn), according t...
Csn Cimentos
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Huaxin targets US$2.4bn acquisition of CSN cement division
China's Huaxin Cement is preparing a bid of approximately BRL12bn (US$2.4bn) for the cement division of Brazil's Companhia Siderúrgica Nacional (CSN), according to market rep...
CSN moves to next phase of cement unit sale process
Brazil’s Companhia Siderúrgica Nacional (CSN) is set to begin the binding bid phase for the sale of its cement business, CSN Cimentos, within the next month, according to the...
Holcim Brazil asset sale expected
LafargeHolcim (Holcim group) is understood to be considering the sale of its assets in Brazil and CSN Cimentos, Cimentos Mizu and Cement Apodi (Titan Cement joint venture) are ...
CSN postpones IPO
Brazilian cement and steelmaker CSN has postponed an initial public offering (IPO) of its cement unit which was expected to be launched in the coming days, newspaper Valor Eco...
CSN confirms acquisition of Elizabeth Cimentos
Brazil’s Companhia Siderúrgica Nacional (CSN), the largest steel company in Brazil and Latin America, has reached an agreement to acquire Elizabeth Cimentos for BRL1.08bn (US$2...
CSN Cimento is closing in on Brazilian plant acquisition
Brazilian steelmaker CSN is in talks to acquire Cimento Elizabeth for roughly US$250m, the Valor Economico newspaper reports. CSN confirmed the negotiations, without disclosin...
CSN requests IPO for cement division
After the recent IPO of its mining arm, Brazilian steelmaker CSN is now looking to list shares of its cement division. The company requested authorisation from securities reg...
CSN Cimentos plans new 3Mta plant in Brazil
Brazil’s CSN Cimentos has announced plans to invest BRL1.5bn (US$387.84m) for a new 3Mta cement facility in Paraná. Eduardo Bekin, president of the Paraná State Development Age...