Brazilian steelmaker Companhia Siderurgica Nacional (CSN) has received about 10 proposals for the acquisition of its Sepetiba Tecon terminal. According to a media report, PSA, SAAM, Wilson Sons and Logz were some of the companies interested in the asset.
The terminal could be sold for up to BRL 1 billion, according to reports.
The Sepetiba Tecon is a container terminal located in the bay of Sepetiba at the Itaguaí port, in the state of Rio de Janeiro.
Indebted, CSN is looking to sell non-core assets. CSN posted a BRL 533 million net loss in Q3, from a BRL 250 million loss reported a year ago.