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13 Jul
12:20

CSN agrees additional iron ore supply to Glencore

Brazil’s Companhia Siderúrgica Nacional (CSN) has tells Kallanish that one of its subsidiary companies has concluded negotiations with Swiss trader Glencore International AG for an amendment to its long-term iron ore supply contract. The Brazilian miner and steelmaker’s offshoot CSN Mineração SA has completed a transaction with Glencore involving a prepayment to CSN Mineração of a new instalment of up to $250 millio…
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