Chinese Giants Bid for Brazil's Second-Biggest Cement Maker

Chinese Giants Bid for Brazil's Second-Biggest Cement Maker

Brazil · Economy Key Facts — What’s for sale. CSN, one of Brazil’s biggest steelmakers, is selling its cement arm, the country’s second-largest cement producer. — The price. Market reports now put the sale above R$12bn ($2.4bn), higher than the R$10bn talked about earlier this year. — Chinese push. Three of China’s largest cement companies […] The post Chinese Giants Bid for Brazil’s Second-Biggest Cement Maker appeared first on The Rio Times.