Posco takes 10% stake in Brazilian steel mill

Nov 26, 2013 | 08:55 AM | Ana Paula Camargo

Tags  Posco, Brazil steel mill, flat-rolled steel, Alberto Cunha, Cia. Siderurgica Suape, CSS, Moura Dubeax Engenharia, Fabrica Participacoes rolling mill

SÃO PAULO, Brazil — South Korean steelmaker Posco Ltd. has taken a 10-percent stake in flat-rolled steelmaker Cia. Siderúrgica Suape (CSS), the Brazilian steel company told AMM sister publication Steel First Nov. 25. The deal, done with Posco subsidiary Posco E&C, closed Nov. 25 during CSS chief operating officer Alberto Cunha’s visit to Seoul, South Korea.....

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