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27 May
09:53

CSN negotiates ore supply agreement with Chinese firms

Companhia Siderúrgica Nacional (CSN) confirms it is in talks over a long-term agreement with Chinese companies Citic and China Minmetals for the supply of iron ore, Kallanish learns from a note issued by the Brazilian company. The transaction is part of CSN's deleveraging plan announced by the company during its first-quarter conference call with analysts. “As already informed, CSN evaluates several alternatives, which include, in…
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