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


Video
29 June 2026

US Exim: Back for big business 

TXF spoke with John Jovanovic, Chairman and President of US Exim to outline the US ECA's unprecedented deal activity and latest mission statement, focusing on stronger support...

Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...