Entries Tagged as ‘CSN’

July 23, 2008

More CSN (and the bidders are unknown)

Reuters India: Russians, Japanese vie for CSN unit
Ok, well, not unknown, but we are not certain who they are. There are a couple separate lists provided by different people, so I tend to not trust them. The valuation numbers are more interesting. We are seeing a $10 billion price tag for the whole project or [...]

June 23, 2008

CSN’s mine is up for sale

Shagang seeks to buy stake in CSN’s iron ore unit
Benjamin S. is always willing to sell his good assets to protect his not-so-good ones. CSN controlled Vale, and when the split came, Benjamin S. went the steel route. The fact is, he probably did not have a choice at the time, but had he instead [...]