Posted in | News | Ferrous Alloys and Metals | Materials Processing | Business | Iron and Steel

Vale Looks at Taking a Larger Share in Integrated Steel Slab Plant

Jul 8 2009

Vale S.A. (Vale) informs that by invitation of Thyssenkrupp AG it is discussing to buy an additional stake on Thyssenkrupp CSA Siderúrgica do Atlântico Ltda. (CSA), in which it is a minority shareholder.

CSA is building an integrated steel slab plant in the state of Rio de Janeiro, Brazil.

The discussion is taking place in light of the need to make feasible the conclusion of the project and the start-up of CSA operations without further delay, as well as the full utilization of its assets according to market opportunities.

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