10
Sep
07:56
TT International increases shareholding in Usiminas
UK-based TT International Asset Management Ltd has increased its stake in Usiminas, Kallanish learns from the steelmaker.
According to a document filed to the Brazilian Securities Commission (CVM), the company now holds 27,642,360 preferred shares in Usiminas, which represents 5.05% participation of all preferred class A shares issued by the steelmaker.
TT International has no interest in changing the Usiminas control composition or administrative structure…
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Anonymous
Very good overview of the weekly steel market.
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