U.S. markets close in 5 hours 17 minutes
  • S&P 500

    3,421.03
    -14.53 (-0.42%)
     
  • Dow 30

    28,090.37
    -120.45 (-0.43%)
     
  • Nasdaq

    11,394.93
    -89.76 (-0.78%)
     
  • Russell 2000

    1,608.95
    +5.17 (+0.32%)
     
  • Crude Oil

    40.54
    +0.51 (+1.27%)
     
  • Gold

    1,898.50
    -31.00 (-1.61%)
     
  • Silver

    24.62
    -0.62 (-2.44%)
     
  • EUR/USD

    1.1823
    -0.0043 (-0.37%)
     
  • 10-Yr Bond

    0.8260
    +0.0100 (+1.23%)
     
  • GBP/USD

    1.3081
    -0.0062 (-0.47%)
     
  • USD/JPY

    104.8250
    +0.2650 (+0.25%)
     
  • BTC-USD

    12,883.15
    +1,826.14 (+16.52%)
     
  • CMC Crypto 200

    259.99
    +3.89 (+1.52%)
     
  • FTSE 100

    5,766.18
    -10.32 (-0.18%)
     
  • Nikkei 225

    23,474.27
    -165.19 (-0.70%)
     

Brazilian steelmaker CSN board okays IPO of mining unit

SAO PAULO, Sept 21 (Reuters) - Brazilian steelmaker Companhia Siderurgica Nacional said its board has approved an initial public offering by its mining unit CSN Mineracao SA, according to a securities filing on Monday.

CSN said the offering aims at funding CSN Mineracao's business plan, as well as creating value for the steelmaker's shareholders. The company did not disclose the IPO amount or when it should occur. (Reporting by Carolina Mandl; Editing by Alex Richardson)