Companhia Siderurgica Nacional Announces Two New Long-Term Supply Contracts
10 6월 2008 - 11:43PM
PR Newswire (US)
RIO DE JANEIRO, Brazil, June 10 /PRNewswire-FirstCall/ -- CSN
(NYSE: SID; Bovespa: CSNA3), Company that combines steel, mining,
infrastructure and cement businesses, hereby informs its
shareholders and the public that, on this date, it signed two new
long-term supply contracts with Gulf Industrial Investment Co.
(E.C.) (GIIC), a company headquartered in Bahrain, to supply pellet
feed produced by the Casa de Pedra Mine and the mines operated by
NACIONAL MINERIOS S.A., CSN's wholly-owned subsidiary. The
contracts envisage the supply of at least 183,300,000 (one hundred
eighty-three million, three hundred thousand) tonnes of pellet feed
over 25 (twenty-five) years, starting in 2009. The contractual
terms, including those related to price and price adjustment
criteria, are in line with the market practices in the
international iron ore industry. CSN believes that these two new
contracts reaffirm its objective of expanding its mining operations
and underline its capacity and reliability for supplying high
quality iron ore. Companhia Siderurgica Nacional Otavio de Garcia
Lazcano Investor Relations Officer Investors Relations Companhia
Siderurgica Nacional Phone: 55 11 3049 7591 E-mail:
http://www.csn.com.br/ir DATASOURCE: Companhia Siderurgica Nacional
CONTACT: Companhia Siderurgica Nacional, +011-55-11-3049-7591, Web
site: http://www.csn.com.br/ir
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