Steel News

CSN in Discussions to Sell European Mills

8/9/2018 - Brazil’s Companhia Siderúrgica Nacional (CSN) said it is having advanced discussions about divesting its Portuguese sheet mill and its German long products mill, reports Kallanish Commodities. 

According to Kallanish, board president Benjamin Steinbruch confirmed the potential divestments during CSN's second-quarter earnings call with analysts, telling them that CSN has hired a bank to advise on the sale. 

Kallanish has the story here.