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: invrel@csn.com.br
http://www.csn.com.br/ir
SOURCE Companhia Siderurgica Nacional