CSN signs iron ore contract with Glencore for $115 mm

CSN announced an agreement for the supply of iron ore to trading Glencore, in the amount of $115 mm, resources that it will use to reduce indebtedness. The agreement involves the supply of 4 million tons of iron ore in up to 5 years. According to CSN, the amounts foreseen in the agreement may be expanded in the future, depending on the interest of the parties.

Source: Reuters