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To: Taikun who wrote (66898)8/3/2005 2:00:58 AM
From: elmatador  Respond to of 74559
 
mY take is that if interest rates drop, share prices of steelmakers rise.
Currency will fall.



To: Taikun who wrote (66898)8/11/2005 2:46:26 PM
From: elmatador  Read Replies (3) | Respond to of 74559
 
CSN Brazil's third-largest steelmaker, cut its sales forecast 5.7 percent this year as higher interest rates reduce domestic sales.

Like I said: Higher interest rates no good for CSN.

bloomberg.com