CSN finally holds 50% stake of Lusosider

CSN finally holds 50% stake of Lusosider

Portuguese hot dipped galvanized steel sheet and electrolytic tinplate producer Lusosider has now become a joint venture between Corus Group and Brazil's CSN. Both companies own 50% stake at Lusosider. The 50% stake previously owned by Arcelor, has been transferred to CSN by Corus Group, immediately after the European Commission has confirmed the sale of Arcelor's stake at Lusosider to Corus Group. Arcelor was required to divest its stake at Lusosider following the merger last year. Please click on the below links to see the related articles. Corus agrees to acquire Arcelor's Lusosider stake CSN buys Arcelor's stake in Lusosider Arcelor sells three more facilities