Material Fact – CSN signs new contracts in Bahrain


Material Fact – CSN signs new contracts in Bahrain

COMPANHIA SIDERÚRGICA NACIONAL (“CSN”) 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 MINÉRIOS 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 from 2009. The contractual terms, including those relating to price and price adjustment criteria, are in line with the market practices in the international iron ore industry.

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