Japan’s Nippon Steel to cut its stake in Brazilian Usiminas for Ternium

[ad_1] TOKYO, March 30 (Reuters) – Japan’s Nippon Steel (5401.T) said on Thursday it would cut its stake in the Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) (USIM5.SA) to…

Chinese energy, ferrous futures slide as demand concerns weigh

[ad_1] SHANGHAI, Oct 13 (Reuters) – Chinese futures prices of energy, petrochemical and ferrous metals contracts fell on Wednesday amid dips in global oil prices, production controls as well as…