18
Oct
10:25
NSSMC/Ternium amend shareholder agreement on Usiminas management
Joint investors Nippon Steel and Sumitomo Metals Corporation (NSSMC) and the Ternium-Techint group have signed amendments to shareholders’ agreement over the management of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas), Kallanish notes.
Changes clarify mechanisms by which appointments made by the parties that include positions in the board of directors, as well its chairman and executive members of Usiminas, shall be report…
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Very good overview of the weekly steel market.
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