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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
05/02/201613:57:34Report of Foreign Issuer (6-k)
04/26/201613:53:00Report of Foreign Issuer (6-k)
04/26/201612:15:00ArcelorMittal to Redeem $1.4 Billion in Notes due in 2017
04/25/201613:32:29Report of Foreign Issuer (6-k)
04/19/201610:40:07Report of Foreign Issuer (6-k)
04/18/201613:11:23Report of Foreign Issuer (6-k)
04/13/201618:26:00ADRs End Higher; Steelmakers, Mining Companies Rise
04/13/201611:04:00Global Steel Demand to Fall Further in 2016 - World Steel Association
04/13/201608:43:00Worldsteel Forecasts Global Steel Demand Will Contract Again...
04/12/201612:05:17Amended Statement of Beneficial Ownership (sc 13d/a)
04/11/201611:31:00ArcelorMittal Launches Tender to Buy Back up to $3.2 Billion...
04/11/201610:45:04Report of Foreign Issuer (6-k)
04/08/201611:05:34Report of Foreign Issuer (6-k)
04/07/201607:48:04Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
04/04/201617:27:12Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/04/201617:26:46Report of Foreign Issuer (6-k)
04/04/201610:59:08Report of Foreign Issuer (6-k)
04/04/201603:47:00ArcelorMittal Secures up to $1 Billion in Financing for its U.S...
04/01/201612:50:00Thyssenkrupp, Tata in Talks on Steel Tie-Up -- 3rd Update
04/01/201612:35:00Thyssenkrupp, Tata in Talks on Steel Tie-Up -- 2nd Update

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