Italian export credit agency SACE has guaranteed a loan of USD 375 million, granted by a pool of banks led by BNP Paribas, as Agent, Bookrunner, and Policyholder, and composed of Mandated Lead Arranger BNP Paribas, Crédit Agricole Corporate and Investment Bank, Natixis Corporate & Investment Banking through its New York Branch and Société Générale Milan Branch. The loan is in favour of Companhia Siderúrgica Nacional Mineracao SA, which is active in iron extraction, processing, and sales. Numerous Italian companies will be involved in increasing the production capacity of the CSN Group, the second-largest exporter of Brazilian iron ore, thanks to SACE’s Push Strategy. The SACE office in São Paulo in Brazil facilitated the closure of the transaction since it had already been in contact with the CSN Group for more than 5 years and had already launched a collaborative relationship that permitted them, after the COVID-19 crisis, to choose the best solution both for their business and for Italian companies. In fact, over the last 6 years, the CSN Group has already signed commercial contracts relating to supplies with 19 Italian exporters including various SACE clients, such as Matec, Paul Wurth Italia, Leonardo, and Bedeschi. The loan contributes to the development of CSN Group’s investment plan over the 2021-2025 five-year periods. This provides for the construction of a new production site in Congonhas City in the state of Minas Gerais, industrial expansion projects for existing production plants, and the implementation of technology to increase the recovery of scrap material, with the aim of increasing the value of Italian imports. The CSN Group, active in the steel sector since 1941, has a production capacity of 5.6 million tonnes per year of raw steel. In 2015, it purchased Nacional Ores NAMISA, the Casa de Pedra mine and the Tecar port, which is combined with the Sepetiba Tecon port, for an integrated activity. In addition, energy self-sufficiency is ensured through investments in 3 power plants and by the direct and indirect equity investment of 35% in the MRS Logistica capital, a JV with other local iron and steel companies Gerdau, Usiminas and Vale. This JV manages a long-term railway concession valid until 2026, which connects the CSN steelworks to the iron mine of Casa de Pedra and to the private port terminal, enabling competitive transport costs and greater operating efficiency. Secondarily, it operates in the production of cement and in the logistics and packaging sectors.