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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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  • Brazilian steel company launches takeover bid for Portuguese cement company 18 Dec 2009 10:56 GMT
    ... LISBON, Portugal (AP) - Brazilian steelmaker Companhia Siderurgica Nacional launched a euro3.8 billion ... potential," it said. Cimpor has business in Brazil, Spain, Egypt, South Africa, Turkey and China. ...

  • Brazilian steel company eyes Lisbon cement firm 18 Dec 2009 12:14 GMT
    ... (AP) - LISBON, Portugal - Brazilian steelmaker Companhia Siderurgica Nacional launched a ?3.8 billion ... potential," it said. Cimpor has business in Brazil, Spain, Egypt, South Africa, Turkey and China. ...

  • China Steel takes stake in miner 17 Dec 2009 16:16 GMT
    ... China Steel Corp (¤¤żű), Taiwanˇ¦s biggest steelmaker, said yesterday ... take a 1 percent stake in a Brazilian iron ore mining company as part of ...

  • Vale Denies Discount in Iron Ore Freight to China 18 Dec 2009 12:11 GMT
    ... to Chinese steelmakers. Previous reports told that Brazil-headquartered Vale would pull down the transportation fees ... the fixed transportation fee contracts with Chinese steel mills. If the reports were true, the ... Billiton would be weakened, said analysts. The Brazilian iron ore giant, however, argued that it ...

  • Taiwan's China Steel to buy stake in Brazil miner 18 Dec 2009 09:24 GMT
    ... TAIPEI: Taiwan's China Steel said on Friday it will spend 95 million ... million US dollars on a stake in Brazil's Namisa SA, its first investment in a foreign ... and another 0.5 per cent from Itochu Corp, at a total cost of 8.5 billion ...

  • Repsol Betting on Brazilian Subsalt Finds for Growth 16 Dec 2009 19:24 GMT
    ... STENA DRILLMAX RIG, Brazil (Dow Jones), Dec. 16, 2009 The 228-meter-long ... 228-meter-long platform is shaking, as the giant steel drill in the middle of the vessel ... easily accessible areas become scarce, the ultradeep Brazilian subsalt has emerged as one of the ...

  • Taiwan steel firm to buy stake in Brazil miner 18 Dec 2009 06:35 GMT
    ... Taiwan's China Steel said Friday it will spend 95 million US ... million US dollars on a stake in Brazil's Namisa SA, its first investment in a foreign ... Industries and another 0.5 percent from Itochu Corp, at a total cost of 8.5 billion ...

  • Indian steelmaker has option for Rio 17 Dec 2009 13:41 GMT
    ... more shipments to meet growing demand for steel from the developing economy. The shipment, scheduled for later ... exporter of iron ore after Australia and Brazil, is starting to compete with China for seaborne ... shipment, sold at spot prices, to Indian steelmaker Essar. It is understood Rio is considering ...

  • Share Your Favorite International Investment 15 Dec 2009 22:54 GMT
    ... Help us keep this a respectfully Foolish area! This ... 7.4. 3) Performs value added work to steel. A job traditionally done by non-Chinese companies ... PM, now thats what i call a brazilian waxing!!! On December 15, 2009, at 4:10 ...

  • Colombian steel industry rebuts unfair competition from Venezuela 14 Dec 2009 20:30 GMT
    ... Colombian steel industry rebuts unfair competition from Venezuela The Colombian ... government to curb unfair competition from Mexico, Brazil and Venezuela, which according to Colombian sources, are ... Andrés Flores, the lawyer of the Colombian steelmaker industry told newspaper La República that this ...

  • Rio after a fresh start with new iron ore negotiator 15 Dec 2009 00:33 GMT
    ... Rio after a fresh start with new iron ore ... the year, after the China Iron and Steel Association, the then representative of that country’s ... iron ore producers, BHP Billiton, Rio and Brazilian miner Vale, all refused the demand. Four ...

  • High iron ore price boosts miners' hand 18 Dec 2009 02:45 GMT
    ... spot price increase comes as Vale of Brazil and Rio Tinto and BHP Billiton discuss the ... so-called benchmark contracts for 2010-11 with international steelmaking companies. Traditionally, annual contracts are settled below ... rise and was now above pre-crisis levels", steel production outside China was now also on ...

  • Brazilian steelmaker CSN launches $5.5 billion bid for Portuguese cement company Cimpor 18 Dec 2009 11:57 GMT
    ... LISBON, Portugal (AP) - Brazilian steelmaker Companhia Siderurgica Nacional launched a euro3.8 ... potential," it said. Cimpor has business in Brazil, Spain, Egypt, South Africa, Turkey and China. ... the Brazilian company bought the former Heartland Steel mill in Terre Haute, Indiana, but two ...

  • Chinese steelmaker buys into Brazilian miner 10 Dec 2009 22:57 GMT
    ... China’s Wuhan Iron & Steel Group is to become the second-biggest shareholder in Brazilian iron-ore-miner MMX and has also agreed to ... “This will be China’s biggest investment in Brazil,” Batista said. “It will bring more Chinese ...

  • Asian Markets Overview of December 18 18 Dec 2009 03:13 GMT
    ... for an undisclosed sum. Taiwanese steelmaker China Steel Corp. (TPE: 2002) will invest in an ... in an iron ore extraction project in Brazil by buying 0.5 per cent of the ... and the remaining 60% is held by Brazilian steelmaker Companhia Siderurgica Nacional (SAO:CSNA3). Blue-chip retailer ...


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