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Brazil Usiminas Still 'Keenly Interested' In Bidding For Rio Port

DOW JONES NEWSWIRES RIO DE JANEIRO -(Dow Jones)- Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA (USIM5.BR, USZNY) or Usiminas, said it is still "keenly interested" in participating in the auction for the "Area do Meio" or Middle Area port area that will be put up for auction in the near future in Rio de Janeiro state, southeast Brazil, Usiminas directors said Tuesday. The prospectus for the auction of the port area is expected to be published in the near future by Brazil's federal port authorities, as there are no further impediments to the project, Usiminas directors said during a conference call. Area do Meio, situated at Itaguai on the Atlantic coast, would be used to build an iron-ore port. Usiminas is currently investing in increasing its iron-ore production to 29 million metric tons a year by 2015, part of which it plans to export. The steelmaker currently doesn't have its own iron-ore port and has accords to ship ore via the port which MMX Mineracao e Metalicos SA (MMXM3.BR) is building, also in the Itaguai vicinity. Usiminas may join in a partnership with steelmaker ArcelorMittal (MT) in a bid for the port areas, the companies said last month. -By Diana Kinch, Dow Jones Newswires; 55-21-2586-6086; diana.kinch@dowjones.com

Stock News for Mittal Steel (MT)
DateTimeHeadline
02/09/201611:45:00ArcelorMittal's Long Products Canada Unit Strikes Deal with 800...
02/09/201609:40:08Report of Foreign Issuer (6-k)
02/06/201603:02:00Arcelor Grapples With Glut
02/05/201616:30:00Materials Down After Arcelor Report - Materials Roundup
02/05/201615:44:18Report of Foreign Issuer (6-k)
02/05/201614:35:02Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
02/05/201614:22:45Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
02/05/201607:39:00ArcelorMittal to Raise $3 Billion After Hefty Net Loss - 2nd...
02/05/201606:13:00Post-effective Amendment to an Automatic Shelf Registration of...
02/05/201606:12:59Report of Foreign Issuer (6-k)
02/05/201604:40:00Global Stocks Steady Ahead of U.S. Labor Data
02/05/201604:08:00ArcelorMittal Eyes Better Value From Share Issue Than Asset Sales
02/05/201603:05:00ArcelorMittal to Raise $3 Billion After Hefty Net Loss - Update
02/05/201603:03:00ArcelorMittal to Raise $3 Billion After Hefty Net Loss - Update
02/05/201602:10:00ArcelorMittal to Launch $3 Billion Capital Increase
02/05/201601:50:00ArcelorMittal to Launch $3 Billion Capital Increase
02/03/201613:01:16Report of Foreign Issuer (6-k)
01/25/201618:18:00ADRs End Lower; Shire Edges Down
01/25/201612:28:00ArcelorMittal to Idle Sestao Steel Plant Indefinitely
01/22/201612:40:00Judge Halts Operations of Brazil's Vale SA at Key Port

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