02
Apr
09:56
Vale prepares to divest its Midwestern System
Brazilian miner Vale tells Kallanish it is in advanced negotiations with investors for the divestment of its iron ore, manganese and logistics companies at the Midwestern System in the Mato Grosso do Sul state.
“This sale is in line with our strategy of portfolio simplification and focusing on the main businesses and growth opportunities, guided by disciplined capital allocation,” Vale says in a note. The miner did not disclose the name of the potentia…
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Anonymous
Very good overview of the weekly steel market.
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