Tag: CNS
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Brazilian Steel Industry in Survival mode for the Foreseeable Future
The Brazilian steel industry has seem better days. If we look at the three stocks traded as ADRs in the NYSE, we can see the depth of their agony in the last ten years: Gerdau (NYSE:GGB): Companhia Siderúrgica Nacional – CSN (NYSE:SID): Usiminas (OTC:USNZY): In the 27th Brazilian Steel Congress, held by the Brazil Steel…