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