Nucor Acquires Majority Ownership of California Steel Industries

CHARLOTTE, N.C., Dec. 13, 2021 /PRNewswire/ — Nucor Corporation (NYSE: NUE) announced today that it has reached agreements to acquire a majority ownership position in California Steel Industries, Inc. (CSI) by purchasing a 50% equity interest from a subsidiary of Vale S.A. (Vale) and a 1% equity ownership stake from JFE Steel Corporation (JFE). The company will be a joint venture between Nucor and JFE, … Continue reading Nucor Acquires Majority Ownership of California Steel Industries