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View Full Version : Usiminas Sees More ‘Favorable’ Brazilian Steel Market From July - Bloomberg



NewsWhore
02-19-2009, 02:20 PM
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Usiminas Sees More ‘Favorable’ Brazilian Steel Market From July (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaGqBsvk24jv0%26refer%3Dnews&cid=1305834969&ei=VrGdSbaqM4jyggOF5rAu&usg=AFQjCNEucsiRpQovhEQTWGwh_6SoBUYI8w)
Bloomberg
About 64 percent of the company’s debt was in foreign currency in the fourth quarter, according to Usiminas. Net financial expenses soared to 822 million reais in the quarter, from 89 million reais a year earlier. Brazilian flat-steel prices rose about ...


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