Brazil steelmaker CSN mulls sales of Usiminas shares to cut debt.
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Steel Industry News Archive

World iron and steel industry news headlines

The following news item appeared in the international steel industry press.

Title: Brazil steelmaker CSN mulls sales of Usiminas shares to cut debt
Date: Thu, 21 Feb 2019 18:55:00 GMT

Report: The company is close to sealing a $1 billion iron ore streaming contract, and plans to invest $1.5 billion this year and somewhat more next year, depending on its deleveraging plan, Steinbruch said.
Keywords: plan, ore, iron, debt, csn, usiminas

Source: Reuters, London, UK.
Press release: see full report.

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