Rio De Janeiro — Brazilian state-controlled oil giant Petrobras said on Monday it has signed a deal with steelmaker Gerdau and gas distributor Sulgas to supply natural gas to two steel mills in the southern state of Rio Grande do Sul.According to Petrobras, the natural gas supply will be made under free market conditions, marking a transition from the previous captive market system in place.
Reporting by Fabio Teixeira; Editing by Jan Harvey – Reuters
