According to the document submitted to the Securities and Exchange Commission (CVM), the project envisages a maximum export upfront payment of $500 million.
The document does not provide any further details about the agreement.
Earlier this month, CSN announced the $2.6 billion CAPEX for 2023-27.
With the investment, the company plans to increase its own production and purchase of iron ore from third parties from 34 million tons this year to 68 million tons in 2027.
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