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17 Sep
22:07

Usiminas boardroom power struggle rolls on

The boardroom squabble between co-investors Nippon Steel and Sumitomo Metals Corporation (NSSMC) and Ternium which surrounds the management of Brazilian steelmaker Usiminas rumbles on, Kallanish learns from a statement issued by the company. The court injunction which suspended the effectiveness of the election of Lírio Albino Parisotto and Mauro Gentile Rodrigues da Cunha to the Usiminas Board of Directors has been revoked, the Brazialian company sa…
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