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  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. Vale S.A.
  6. News
  7. Summary
    VALE3   BRVALEACNOR0

VALE S.A.

(VALE3)
  Report
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
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
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Brazil's Vale sells stake in U.S. California Steel to Nucor

12/13/2021 | 08:34am EDT
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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
AQ
05/17VALE S A : Tolerating discrimination is not part of Vale
PU
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Analyst Recommendations on VALE S.A.
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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%
Chart VALE S.A.
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Technical analysis trends VALE S.A.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
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