28
Sep
11:21
CSN discusses mine sale to Chinese mill: reports
Companhia Siderúrgica Nacional (CSN) is in negotiations with CBSteel to sell a 25% share in Congohas Mineiros to the Chinese mill, according to Reuters.
Congohas Mineiros is Brazil’s second-largest iron ore producer after Vale. CSN owns an 87.52% share in the miner. The inclusion of CBSteel as a shareholder will bring together logistics assets and mining.
China's Development Bank would also be interested in participating in the bu…
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Anonymous
Very good overview of the weekly steel market.
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