11
Aug
09:48
Brazil government plans to sell Vale stake
The Brazilian government intends to sell its entire stake in Vale, the Brazilian economy ministry’s privatisation secretary, Jose Salim Mattar, said during a conference monitored by Kallanish.
The announcement follows state-controlled Banco Nacional de Desenvolvimento Econômico e Social (BNDES)’s divestment on 4 August of a part of its stake in Vale. The plan is part of Brazilian President Jair Bolsonaro’s strategy to reduce government stak…
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Anonymous
Very good overview of the weekly steel market.
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