Brazil’s CSN Sale Race Heats Up With Three Bidders

2026-03-20 - 20:30

Key Points — J&F, Votorantim, and China’s Huaxin Cement are all competing for CSN’s cement division, with a potential price tag of up to $3 billion — J&F has escalated its ambitions beyond cement to target CSN’s iron ore mining unit, which produced a record 45.5 million tonnes last year — CSN’s breakup would reshape