Glencore nears $500 million deal to buy iron ore from Brazil's CSN

LONDON (Reuters) - Global trader Glencore is close to finalising a deal to make a $500 million payment to the mining arm of Brazil’s Companhia Siderurgica Nacional (CSN) for iron ore cargoes to be delivered over five years, sources familiar with the matter said.

https://uk.reuters.com/article/uk-glencore-brazil-iron/glencore-nears-500-million-deal-to-buy-iron-ore-from-brazils-csn-sources-idUKKCN1PP1J1