Brazil's CSN yet to decide on sale of US flat steel rolling facility

By Ana Paula Camargo / April 19, 2018 / www.metalbulletin.com / Article Link

Brazilian steel producer CSN is still considering the sale of its LLC subsidiary in the United States, but there is no deal to announce yet, it said on Wednesday April 18.

The company is evaluating divestment possibilities, including its US steel assets, it added, in response to queries from the S??o Paulo stock exchange, B3 (formerly known as Bovespa).The exchange's queries concerned a story published on April 17 by Brazilian newspaper O Estado de S. Paulo, which reported that CSN was said to be negotiating the sale of LLC, a flat-rolled cold-rolling and coating operation in the...

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