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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
03/16/201514:12:56Report of Foreign Issuer (6-k)
03/02/201511:41:41Automatic Shelf Registration Statement of Securities of Well-known...
03/02/201510:24:50Report of Foreign Issuer (6-k)
02/27/201518:51:15Iron Ore Prices Continue To Weigh In On ArcelorMittal With No...
02/26/201513:57:14Amended Annual and Transition Report (foreign Private Issuer...
02/25/201512:36:51Report of Foreign Issuer (6-k)
02/25/201509:35:35Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
02/24/201514:49:49Annual and Transition Report (foreign Private Issuer) (20-f)
02/23/201510:09:10The Finest Steel Must Endure The Hottest Fire
02/13/201514:27:23Report of Foreign Issuer (6-k)
02/13/201513:14:48ArcelorMittal Narrows Loss, Warns on Earnings -- 2nd Update
02/13/201512:23:46Correction to ArcelorMittal Expects Pressure From Iron Ore Prices...
02/13/201512:22:25ArcelorMittal Expects Pressure From Iron Ore Prices -- 2nd Update
02/13/201512:17:22ArcelorMittal Expects Pressure From Iron Ore Prices -- 2nd Update
02/13/201512:09:18Report of Foreign Issuer (6-k)
02/13/201512:03:11ArcelorMittal Expects Pressure From Iron Ore Prices -- Update
02/13/201503:31:38ArcelorMittal Expects Pressure From Iron Ore Prices
02/12/201512:06:33ArcelorMittal Eyes Swing to Net Profit Despite Iron Ore Price...
02/03/201518:50:10Cliffs Natural Resources Cries Foul Over Steel Imports--Update
02/03/201510:52:59Report of Foreign Issuer (6-k)

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