News
29 July 2022

Vale enters into binding agreement to sell stake in CSP

In:
Metals and Mining
Region:
Americas

Vale and its partners Posco and Dongkuk have entered  into a binding agreement with ArcelorMittal to sell their respective stakes in steel manufacturer Companhia Siderurgica do Pecem (CSP). The transaction is valued at approximately $2.2 billion, which will be used to prepay the outstanding net...

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
16 July 2025

EGL2: Subsea connections take time

The Eastern Green Link 2 project will help to upgrade the UK’s electricity highway and provides a viable ECA-backed template to spur more green loans in the space. But...

Perspective
25 July 2025

Solving a puzzle: The 2025 project pipeline

Export finance activity looks healthy as the industry enters the second half of the year, but there is room to improve if ECAs want to match record volumes across 2023 and...