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Vale sells 50% stake in California Steel to Nucor for $400 million

Naimul Karim | December 13, 2021 | 10:57 am News Latin America USA 

Vale’s (NYSE: VALE) Canadian subsidiary has agreed to sell its 50% stake in California Steel Industries (CSI) to Nucor (NYSE: NUE) for $400 million, the company said. The Brazilian mining giant said that the deal is linked to its strategy of...

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