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Brazil Steel News. Service for global professionals. Constantly updated news and information about Brazil.
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Latest Brazil Steel News

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  • China bankrolls another iron ore upstart 1 Dec 2009 01:22 GMT
    ... ore production * Wuhan, MMX to build steel mill at Port do Acu * Minority ... SAO PAULO/RIO DE JANEIRO, Nov 30 - Brazilian iron ore miner MMX said on ... de Janeiro-based MMX, controlled by one of Brazil's richest men -- Eike Batista, will issue ...

  • Republic Gold signs up for El Muntun iron ore project in Bolivia 1 Dec 2009 06:32 GMT
    ... one of the world’s fastest growing economies, Brazil. The LOI presents a significant opportunity for Republic ... RAU has followed the lead of Indian company, Jindal Iron and Steel who already has a $2 billion contract with ...

  • China's Wisco buys Brazil stake 1 Dec 2009 02:43 GMT
    ... December 1 2009 02:00 Wuhan Iron and Steel Company (Wisco), China's third biggest steel maker, ... for 21.5 per cent of MMX, a Brazilian iron ore miner, in what Eike Batista, ... that would "open a new highway between Brazil and China". Wisco agreed to purchase at ...

  • World Business Briefing | the Americas: Brazil: Chinese Buy Stake in MMX Steel 1 Dec 2009 07:05 GMT
    ... The Wuhan Iron & Steel Group, a Chinese steelmaker, agreed to pay ... pay $400 million for a stake in Brazil's MMX Mineracao e Metalicos to broaden its ... and become the second-biggest shareholder of the Brazilian company with a 21.52 percent stake, the ...

  • Brazil: Chinese Buy Stake in MMX Steel 1 Dec 2009 05:51 GMT
    ... The Wuhan Iron & Steel Group, a Chinese steelmaker, agreed to pay ... pay $400 million for a stake in Brazil's MMX Mineracao e Metalicos to broaden its ... and become the second-biggest shareholder of the Brazilian company with a 21.52 percent stake, the ...

  • the Americas: Brazil: Chinese Buy Stake in MMX Steel 1 Dec 2009 13:10 GMT
    ... The Wuhan Iron & Steel Group, a Chinese steelmaker, agreed to pay ... pay $400 million for a stake in Brazil's MMX Mineracao e Metalicos to broaden its ... and become the second-biggest shareholder of the Brazilian company with a 21.52 percent stake, the ...

  • Asian Markets Overview of December 1 1 Dec 2009 07:30 GMT
    ... shipments to China. China's Wuhan Iron & Steel Group (SHA:600005) agreed to pay US$400 million ... for a 21.52 per cent stake in Brazil's MMX Mineracao e Metalicos (SAO:MMXM3) to broaden ... to approval from both the Chinese and Brazilian governments. ...

  • Fortescue to reconsider Chinese iron ore price cuts 1 Dec 2009 07:50 GMT
    ... BHP Billiton dismissed talk on Thursday that rival Tinto ... * * Heavy inflows driven by near-record steel output * Steel giant Vale (VALE5.SA: Quote) ... is acquiring a 21.52 percent stake in Brazilian iron ore MMX Mineracao e Metalicos SA ...

  • Brazil Pins Hopes On Massive, Untapped Oil Fields 1 Dec 2009 11:16 GMT
    ... to hold a billion barrels or more. Brazil says it's found several such fields that, ... construction is taking place in a half-dozen Brazilian shipyards. Roberto Moro oversees some of the ... are going to have 50,000 tons of steel at the end," Moro says. "It's very, ...

  • DGAP-News: SKW Stahl-Metallurgie Holding AG: SKW Metallurgie ... 1 Dec 2009 14:12 GMT
    ... Kolmsee. You can find further information at: www.skw-steel.com (SKW Metallurgie Group) www.skw-stahl.de (SKW Stahl-Metallurgie GmbH) Contact ... the world's leading companies in the steel industry. The SKW Metallurgie Group has more than ... has added a new production facility in Brazil. Shares of SKW Stahl-Metallurgie Holding AG have been ...

  • Wugang to pay $400m for stake in MMX 1 Dec 2009 03:10 GMT
    ... will become the second-biggest shareholder in the Brazilian miner.[China Daily] Steelmaker Wuhan Iron &Steel Group (Wugang) is acquiring a 21.52 percent ... supplies. Rio de Janeiro-based MMX, controlled by Brazil's richest man Eike Batista, will issue new ...

  • Brazil's real advances as Dubai default fears ease 1 Dec 2009 14:20 GMT
    ... SAO PAULO, Dec 1 (Reuters) - Brazil's currency gained on Tuesday and stocks rose to ... would only encompass liabilities by its holding company, and subsidiaries Nakheel and Limitless. DP World, ... stake to Chinese miner Wuhan Iron and Steel ( Investors also expect France's Vivendi to announce soon ...

  • SKF Taiwan Launches Solution Factory for Integrated Technical Services 1 Dec 2009 05:14 GMT
    ... ceremony was attended by more than 100 industry leaders and loyal customers, including those representing ... loyal customers, including those representing the China Steel Corp., Cheng Loong Corp., and Taiwan High Speed ... in China, one in Sweden, one in Brazil, one in Italy, one in South Africa, and ...

  • Anglo ahead as it weighs Xstrata defence 1 Dec 2009 05:32 GMT
    ... November 30 2009 20:04 beat a falling market on Monday amid speculation about how it ... its Minas Rio iron ore project in Brazil should be worth up to $3bn, it said. ... blue-chip risers. It cited low-cost production, improving steel demand and scope for acquisitions. The rest of ...

  • Texus-46's Flight to the Weightless World 1 Dec 2009 01:25 GMT
    ... "The launch was very smooth, all systems functioned perfectly ... 400 kg, Texus is boosted by a Brazilian two-stage VSB-30 rocket and includes a German ... behaviour. The first sample was a special steel alloy with superior mechanical strength, ductility and ...


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