Companhia Siderurgica Nacional Announces Two New Long-Term Supply Contracts

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: [phone]
  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 

Copyright