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11 Jan
14:50

Brazil`s CSN confirms interest in selling Usiminas shares

Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) has confirmed its intention to sell its minority stake in fellow steel producer Usiminas, Kallanish notes. The company has explained in a note to the Brazilian Securities and Exchange Commission (CVM) that this has been the plan since 2014. “CSN clarifies that the information relating to the investment in shares of Usiminas was disclosed by a notice to the market, dated on…
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