The Brazilian CSN will construct production plant pellets

The Brazilian mining LLC "InSistema" Mineracao (CM) obtained credit on $1,4 billion from several Japanese banks. Credit is given out for a period of 12 years. These means will be spent for construction production plant the 15 million t pellets in a year. CM the plant will place State of Minas Gerais. The project received the name P15, according to the plan of it will start in the fourth quarter 2025. As the main creditor ($980 million) the state Japan Bank for Int Cooperation, intended for the international operations acted...