CSN Receives 10 Offers for Brazil Box Terminal

Posted by Joseph Keefe January 8, 2016

Brazilian steelmaker Cia Siderúrgica Nacional has received 10 offers for its Sepetiba Tecon container terminal in Rio de Janeiro's Itaguai port, newspaper Valor Economico reported on Friday.

Singapore's PSA International, Chile's SAAM, Wilson Sons and LOGZ, among others, have made non-binding offers, Valor reported without citing its sources.

The terminal is valued at 1.2 billion reais ($296 million) to 1.5 billion reais, it said.

CSN did not immediately respond to a request for comment.

Reporting by Caroline Stauffer