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    VALE3   BRVALEACNOR0

VALE S.A.

(VALE3)
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Delayed Bolsa de Valores de Sao Paulo  -  05/27 04:07:54 pm EDT
85.72 BRL   +1.74%
05/27VALE S A : Internal Regulations - Finance Committee
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05/27VALE S A : Internal Regulations - Personnel, Compensation and Governance Committee
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05/27Vale S.A. Elects Independent Members of the Nomination Committee
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Brazil's Vale sells stake in U.S. California Steel to Nucor

12/13/2021 | 08:34am EDT
FILE PHOTO: A logo of the Brazilian mining company Vale SA is seen in Brumadinho

SAO PAULO (Reuters) - Brazilian miner Vale SA said on Monday its subsidiary Vale Canada has signed a deal to sell its 50% stake in steelmaker California Steel Industries to Nucor Corporation for $400 million.

Vale said in a securities filing it expects the deal to be concluded in the first quarter of 2022, adding that it underscores its focus on core businesses and its commitment to a leaner portfolio. JFE Steel Corp holds the remaining 50% stake in California Steel Industries.

(Reporting by Gabriel Araujo, Editing by Louise Heavens)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
JFE HOLDINGS, INC. 1.83% 1556 Delayed Quote.6.07%
JFE SYSTEMS, INC. 2.04% 2199 Delayed Quote.-4.10%
NUCOR 3.51% 137.74 Delayed Quote.20.67%
VALE S.A. 1.74% 85.72 Delayed Quote.8.07%
All news about VALE S.A.
05/27VALE S A : Internal Regulations - Finance Committee
PU
05/27VALE S A : Internal Regulations - Personnel, Compensation and Governance Committee
PU
05/27Vale S.A. Elects Independent Members of the Nomination Committee
CI
05/26VALE S A : Excerpt of the Minutes of the Ordinary Meeting of the Board of Directors
PU
05/26VALE S A : Internal Regulations - Nomination Committee
PU
05/20VALE S A : Yammer Booklet
PU
05/19Fitch Downgrades Hidrovias' IDRs to 'BB-'; Outlook Stable
AQ
05/18Vale, BHP's Samarco Joint Venture Receives Alternative Restructuring Plan From Bondhold..
MT
05/18The SEC's Climate And ESG Task Force Charges Vale S.A. With Securities Fraud
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05/17VALE S A : Tolerating discrimination is not part of Vale
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Financials (USD)
Sales 2022 52 549 M - -
Net income 2022 19 204 M - -
Net Debt 2022 3 198 M - -
P/E ratio 2022 3,96x
Yield 2022 9,88%
Capitalization 86 099 M 86 099 M -
EV / Sales 2022 1,70x
EV / Sales 2023 1,79x
Nbr of Employees 74 316
Free-Float 89,1%
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Technical analysis trends VALE S.A.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 9
Last Close Price 18,16 $
Average target price 22,57 $
Spread / Average Target 24,3%
EPS Revisions
Managers and Directors
Eduardo De Salles Bartolomeo Chief Executive Officer
Gustavo Pimenta Chief Financial Officer & Investor Relations
José Luciano Duarte Penido Independent Director
Denis Cuenca Chief Compliance Officer
Lucio Azevedo Director
Sector and Competitors
1st jan.Capi. (M$)
VALE S.A.8.07%86 099
FORTESCUE METALS GROUP LIMITED1.98%43 117
KUMBA IRON ORE LIMITED19.71%11 347
CSN MINERAÇÃO S.A.-29.82%5 498
NMDC LIMITED-6.37%4 718
CAP S.A.15.07%1 740