About New Steel
New Steel is a company based in Rio De Janeiro (Brazil) founded in 2007, and was acquired by Vale in December 2018. Provider of iron exploration and development services.
Company details
New Steel was founded in 2007 as a specialist in iron exploration and development. Operations are centered on the mining industry, where geological assessments and resource evaluations are conducted to support iron ore projects. Services include site investigations, feasibility studies, and development planning, with activities primarily based in Brazil as indicated by the companys domain. Focus remains on factual advancement of iron-related initiatives without expansion into other minerals.
- Headquarters Rio De Janeiro, Brazil
- Stage Acquired
- Website newsteel.com.br
- Social LinkedIn
- Acquired by Vale (Dec 2018)
Investors in New Steel
New Steel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vale.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Iron ore and nickel are mined and processed internationally. | 1942 | vale.com |
Investor details for New Steel
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- Complete investor list
- Round participation
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Timeline of New Steel
2 dated milestones of New Steel across 11 years, from founding to its latest funding, stage changes and deals.
- Founded New Steel is founded.
- Exit Acquired by Vale.
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Frequently Asked Questions about New Steel
New Steel was founded in 2007.
New Steel is headquartered in Rio De Janeiro, Brazil. It is registered at Rio De Janeiro, Rio De Janeiro, Brazil.
New Steel was founded in 2007 as a specialist in iron exploration and development. Operations are centered on the mining industry, where geological assessments and resource evaluations are conducted to support iron ore projects. Services include site investigations, feasibility studies, and development planning, with activities primarily based in Brazil as indicated by the companys domain. Focus remains on factual advancement of iron-related initiatives without expansion into other minerals.
New Steel has 1 investor. Key investors include Vale.
Yes. New Steel was acquired by Vale in December 2018.