Nippon Steel Sells Entire Usiminas Stake to Ternium
Nippon Steel Corporation has agreed to sell its entire stake of approximately 149.4 million shares in Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas) to Ternium Investments S.à r.l. Usiminas, a major steel manufacturer based in Brazil, operates steelworks in Ipatinga and Cubatão. The transaction is governed by an existing Shareholders’ Agreement between the parties.
Nippon Steel Corporation has entered into a Share Sale and Purchase Agreement with Ternium Investments S.à r.l., under which Nippon Steel will transfer all of its approximately 149.4 million shares in Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas) to Ternium. Usiminas is a major steel manufacturer in South America, with its head office in Belo Horizonte, Brazil, and steelworks in Ipatinga and Cubatão. The transaction is bound by an existing Shareholders’ Agreement between the parties. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nippon Steel Corporation published the original content used to generate this news brief on November 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
