Brazil's CSN to receive binding offers for cement unit until August 7, Valor reports (updated)
UPDATE 1-Brazil's CSN to receive binding offers for cement unit until August 7, Valor reports Updates with details, context in paragraphs 2-6
SAO PAULO, June 3 (Reuters) - Brazilian steelmaker CSN CSNA3.SA will receive binding offers for its cement unit until August 7, local newspaper Valor Economico reported on Wednesday, adding the firm received more than half a dozen proposals in the transaction's non-binding phase.
Among interested investors for the deal which could raise 10 billion reais ($1.98 billion), Valor mentioned Chinese groups Sinoma 600970.SS and Huaxin Building Materials 600801.SS, Italy's Italcementi and Brazilian firm Votorantim.
J&F, controlled by the billionaire Batista family, and Suzano Holding NEMO3.SA, which runs pulpmaker Suzano, were initially interested, but have already left the dispute, the newspaper said, citing sources.
CSN did not immediately reply to a request for comment.
Reuters reported in April on interest from the Chinese companies, J&F and Votorantim, adding that China's Anhui Conch Cement was also considering a proposal.
CSN has appointed Morgan Stanley as its financial adviser for the sale process, according to the April report.
($1 = 5.0614 reais)
(Reporting by Fernando Cardoso, Editing by Natalia Siniawski)
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