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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
08 September 2025

A fruitful alliance: Trafigura signs Korea LNG contract

A new agreement between Trafigura and Korea’s public gas company will deliver a decade of LNG imports to Korean companies. It is another sign of Korea’s efforts to mitigate...

Perspective
12 September 2025

Satellite finance heads back into orbit

Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong,...