CSN expects CSN Cimentos sale to Huaxin to close in Q1 2027
SID•CSN agreed to sell CSN Cimentos to Huaxin for an enterprise value of BRL 12.7 billion, with closing expected in the first quarter of 2027. The estimated equity value is BRL 9 billion; a separate SWT sale is targeted to close in December 2026.
1. Cement sale
CSN signed an agreement on November 8, 2026, to sell CSN Cimentos to Huaxin for an enterprise value of BRL 12.7 billion. The estimated equity value is BRL 9 billion, and closing is expected in the first quarter of 2027.
2. SWT transaction
A binding term sheet covers the sale of the entire SWT subsidiary at an enterprise value of EUR 550 million. Due diligence and negotiations on transaction documents remain underway, with closing targeted for December 2026.
