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Non-Tech : The Brazil Board
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To: Paul Senior who wrote (838)3/18/2012 3:23:26 AM
From: elmatador  Read Replies (1) of 2508
 
If China slows and iron ore goes down, good for steel. “Iron ore together with coal represents 80 percent of steel production costs. As we are the biggest global producer, the more costs we reduce, the more competitive we become in steel,” Costa, 53, said.

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