News
08 November 2024

Itochu to buy stake in CSN’s iron ore producer for $769m

In:
Metals and Mining
Region:
Americas

Japanese company Itochu has signed an agreement with Brazilian steel company Companhia Siderurgica Nacional (CSN) to acquire 10.74% of CSN Mineracao (CM) for around BRL4.42 billion ($769 million).This transaction marks an additional investment for Itochu, which has held an indirect 7.15% stake in...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
28 April 2025

Corporate perspectives: Bembennek at thyssenkrupp sharpens...

Daniel Bembennek, head of finance and guarantees, in the decarbonisation technologies sector at thyssenkrupp, argues that long term trends towards decarbonisation are...

Interview
02 May 2025

Corporate perspectives: Export finance in an ‘It is what is’...

Andreas Back, senior manager, financial services, at Finnish energy and marine technology company, Wärtsilä, reflects on ECA-backed projects in the new global macro and...