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Usiminas hires related-party Exiros for supply services under four-year contracts
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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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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