Companhia Siderurgica Nacional (CSN) has received 10 proposals for the purchase of Sepetiba Tecon. The container terminal in Rio de Janeiro went on sale in August.

According to Economic Value newspaper, proposals have been submitted by port operating companies PSA International (Singapore), Chile’s SAAM, Wilson Sons and LOGZ, among others. The assets are valued at up to $250 million.

The Brazilian company will choose the three best proposals so that companies can make the necessary adjustments, which should happen by the beginning of February, the newspaper said.

Shaken by the fall in demand for steel and iron ore, CSN seeks to sell its assets to reduce its $7.9 billion bank debt.

For more of the Exame.com story: exame.abril.com

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