CSN Continues Talks for Potential Deal With InterCement: CFO

CSN exclusivity rights for a potential acquisition of InterCement expired Aug. 12 but negotiations continue with the seller, CFO Antonio Marco Campos Rabello said in a webcast with investors Tuesday.

• CSN sees exporting hot-rolled coils to Europe as unfeasible due to taxation: Luis Fernando Martinez, CSN head of logistics and commercialization
• Company is halting exports of hot-rolled coils to supply its mill in Portugal, and is seeking to buy in Europe
• NOTE: CSN, InterCement Extend Exclusivity Talks for Potential M&A

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Mariana Durao in Rio de Janeiro at maridurao@bloomberg.net

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