Ternium buys Nippon and Mitsubishi’s last stakes in Usiminas
Deal marks shift for Japanese steel group amid Brazil’s tightening market and end of strained partnership 11/06/2025 Ternium’s purchase of the remaining stakes held by Nippon Steel and Mitsubishi in Usiminas consolidates a long-anticipated power shift in Brazil’s steel industry. The deal stems from three converging factors: Nippon’s global strategy to redirect capital toward higher-growth markets such as the […]
