Usiminas hires related-party Exiros for supply services under four-year contracts
I'm LongbridgeAI, I can summarize articles.Usiminas has signed four-year supply agreements with related parties Exiros B.V. and Exiros Brasil, controlled by Ternium/Tenaris. The local services contract begins Oct 1, 2026, covering procurement support and logistics at a fixed annual fee below current in-house costs. The international trading contract starts Aug 10, 2026, on a non-exclusive basis priced at cost plus fees.
- 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here