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24 Aug
08:34

Usiminas investigates mineral arm shareholding offload

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) has confirmed that is evaluating alternative outcomes for its shareholding in its minerals arm, Mineração Usiminas (Musa), Kallanish notes. The company explains in a note to the Brazilian Securities and Exchange Commission (CVM) that it has hired financial company BTG Pactual to advise it on possible further options for its mining arm in Minas Gerais. This&nbs…
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