Usiminas hires related-party Exiros for supply services under four-year contracts
- Usiminas signed related-party supply agreements with Exiros B.V. and Exiros Brasil, both controlled by Ternium/Tenaris.
- Local services contract starts Oct. 1, 2026, runs four years, covers domestic procurement support, logistics, import-related activities.
- Exiros Brasil earns a fixed annual fee in BRL, set below Usiminas’ current in-house procurement cost, with stepped reductions.
- A cost-plus cap applies from year three; separate fixed annual IT license payment starts in year two, also below current licenses.
- International trading contract effective Aug. 10, 2026, four-year term, non-exclusive, no minimum volumes, priced at cost plus fees.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USIMINAS - Usinas Siderúrgicas de Minas Gerais SA published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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