News
14 December 2021

Vale sells stake in US California Steel to Nucor

In:
Metals and Mining
Region:
Americas

Brazilian miner Vale's subsidiary Vale Canada has signed a deal to sell its 50% stake in steelmaker California Steel Industries to Nucor Corporation for $400 million.Vale said in a securities filing it expects the deal to be concluded in the first quarter of 2022, adding that it underscores its...

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