23
Feb
11:26
CSP stake sale undecided, says Vale
Vale has not yet decided whether to divest its stake in slab-maker CSP, Kallanish learns from the miner.
In a Brazilian Stock Exchange filing, the company however confirms that divestment is possible since its participation in the steel company is seen as a non-core asset.
“As the company had previously stated on several occasions, including during Vale Day in November 2021, CSP is a target for potential disposal given it is a non-core asset for Vale,…
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Anonymous
Very good overview of the weekly steel market.
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