Brazil's Companhia Sider??rgica Nacional (CSN) is still trying to sell assets in order to reduce its high debt loading, chief financial officer Marcelo Ribeiro told analysts on Thursday November 8.
The company's mining division could secure a streaming deal or pre-payment contracts, and the trend for rising prices for iron ore would support this decision, Ribeiro said. There will be news on that before the year-end, he added.Fastmarkets' iron ore daily price index for 62% Fe material was $76.27 per tonne on November 8, up from $75.27 per tonne the day before. Since it reached its lowest point so...