Brazil: Companhia Siderúrgica Nacional (CSN) has reportedly received binding offers for its cement business, CSN Cimentos, from three bidders. Sources ‘familiar with the talks’ told Valor International News that the bidders are China-based Huaxin Cement, building materials group Polimix and a Brazilian-Italian consortium of Votorantim Cimentos and Cementir Holding. The source characterised Huaxin Cement’s purported bid as the ‘most aggressive’ of the three reportedly submitted.
CSN announced its receipt of unspecified offers on 10 August 2026. The group said that it will analyse the offers, and provided no further details.
Three bids reportedly submitted for CSN Cimentos
