CSN signs agreement to sell CSN Cimentos to Huaxin
SID•CSN agreed on November 7, 2026, to sell CSN Cimentos to Huaxin Building Materials Group for an enterprise value of R$ 12.7 billion, subject to closing adjustments. The deal requires Brazilian antitrust clearance, ANEEL consent and applicable Chinese regulatory approvals.
1. Sale agreement
CSN agreed on November 7, 2026, to sell CSN Cimentos to Huaxin Building Materials Group for an enterprise value of R$ 12.7 billion, subject to closing adjustments for net debt and working capital. Completion requires Brazilian antitrust clearance, consent from electricity regulator ANEEL and applicable Chinese regulatory approvals. CSN said the sale aims to reduce indebtedness and rebalance its capital structure.
