CSN
Coverage of CSN in the Nexus archive.
- Brazil Markets: Ibovespa & the Real — July 4, 2026
Ibovespa closed at a one-month high of 174,070 on 3 July 2026, driven by gains in CSN and steelmakers, while VALE3 and BTG led turnover. The USD/BRL exchange rate weakened to 5.1682.
- China’s State Iron Buyer Courts Brazil’s CSN to Tighten Its Grip
China’s state iron-ore buyer, CMRG, is negotiating with Brazil’s CSN to become an exclusive sales agent for some of its iron-ore cargoes. CSN produced approximately 45.5 million tonnes of iron ore last year, and CMRG is shifting its focus from major suppliers to a mid-tier provider.
- Why a Swiss Shareholder Could Sink China’s Bid for Brazil’s Cement Maker CSN
A Chinese company is the leading bidder for CSN's cement unit, but the transaction faces opposition from Holcim, a major shareholder of CSN, which has indicated it will not support the bid. The article highlights internal resistance to the potential acquisition by a Chinese entity.
- Chinese Giants Bid for Brazil’s Second-Biggest Cement Maker
CSN, one of Brazil's biggest steelmakers, is selling its cement arm, the country's second-largest cement producer, with the sale price now reported above R$12bn. Three of China's largest cement companies are among the bidders.