13
Jan
15:51
Brazilian regulator approves ArcelorMittal takeover of CSP
ArcelorMittal has received approval, without restriction, from Brazilian authorities to conclude the 100% acquisition of Companhia Siderúrgica do Pecém (CSP). So says the country’s competition regulator, Conselho Administrativo de Defesa Econômica (Cade), in a note monitored by Kallanish.
The acquisition is valued at $2.2 billion. The merchant slab producer is a joint venture between Vale (50% share) and South Korean compa…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous