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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Rolla Coasta who wrote (34943)	5/20/2008 9:28:04 AM
From: elmatador	Read Replies (1) \| Respond to of 218544

Gold is for countries that cannot capitalize their paper money in hard assets. Not the case of Brazil. Any amount of money coming there is capitalized. Added as capital stock Steel consumption to grow 7.7% a year in Brazil ANBA, Brazil - May 19, 2008 A press statement by the IBS recalls that there are also optimistic forecasts for several Brazilian industrial sectors. Brazilian steel production should Brazil's industrial sector records highest growth Hindu, India - May 5, 2008 In March, the country's industry operated at 83.1 percent of their total capacity, against 82 percent registered in March 2007. Of the 19 industrial Vale may invest US$ 1 billion in Oman ANBA, Brazil - 45 minutes ago Ore, especially iron, is among the main products sold by Brazil to the Arab market, losing only to meats and sugar. According to the Ministry of Development Votorantim Metais to Expand Metallic Zinc Production in Brazil, an ... Market Wire (press release) - May 16, 2008 CORDOBA, ARGENTINA--(Marketwire - May 16, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Votorantim Metais SA (Brazil, Sao Paulo) is ...VCP Brazilian firm plans $1 billion ethanol pipeline Oil & Gas Journal, TX - Apr 29, 2008 LOS ANGELES, Apr. 29 -- Brazil Renewable Energy Co. (Brenco) plans to invest $1 billion to build a 1100-km, 4 million l./year ethanol pipeline extending ... VW, MAN mull building Brazil plant for truck components - report Forbes, NY - May 18, 2008 FRANKFURT (Thomson Financial) - Volkswagen AG. and MAN AG. are examining the possibility of building a plant that will make truck components in Brazil, ...FRA:MAN - Brazil, Peru plan biofuel, petrochemical projects, sign 10 accords International Herald Tribune, France - May 17, 2008 AP LIMA, Peru: Brazil and Peru have agreed to work together to boost production of biofuels, hydroelectric power and petrochemicals as two of the region's ... Brazil Invests US$ 8.5 Billion to Improve and Export Fuel to US and EU Brazzil Magazine, Los Angeles - Apr 27, 2008 Brazil's government-controlled oil multinational Petrobras plans to increase gasoline exports to compensate the lower consumption on the domestic market, ...

To: Rolla Coasta who wrote (34943)	5/20/2008 12:38:46 PM
From: elmatador	Read Replies (1) \| Respond to of 218544

US27 billion plan to nearly double production of the steel-making ingredient amid surging Chinese demand. The scale is huge! Brazil to double iron ore output May 21, 2008 12:00am IRON ore rival Brazil has challenged Australia, unveiling a $US27 billion plan to nearly double production of the steel-making ingredient amid surging Chinese demand. Paulo Camillo Penna, president of the Brazilian mining institute Ibram, said the investment would increase the nation's annual iron ore output to 650 million tonnes from 350 million tonnes over the next four years. That compares with Australian iron ore output of about 290 million tonnes this financial year and projected production of 489 million tonnes in 2012-13. Vale - the world's second-largest miner after BHP Billiton and the biggest iron ore producer - is expected to account for about 450 million tonnes of Brazil's forecast iron ore production in 2012. The news marks an escalation in the already fierce rivalry between Australian and Brazilian iron ore producers, as both parties compete for a bigger share of the all-important Chinese market. China has driven six consecutive years of growth in global iron ore demand, thanks to rising steel production fuelled by the rapid urbanisation of its 1.3 billion citizens. And the emerging economic giant is expected to account for some 60 per cent of growth in global steel consumption, as it balloons to 1.8 billion tonnes annually by 2013. Vale has already negotiated a 65 to 71 per cent price increase with its Asian and European customers in this year's iron ore contract price negotiations. But BHP and Rio Tinto remain locked in discussions with Chinese steel mills, as they push for iron ore contract prices to reflect the cheaper cost of shipping the raw material to China from Australia compared with Brazil. The Anglo-Australian mining giants are holding out for a price increase of at least 80 per cent this year, even though their Chinese customers have threatened to boycott Australian iron ore if an agreement is not reached by the June 30 deadline. It costs a Chinese steel mill just under $US100 to import a tonne of iron ore from Brazil at current shipping rates, compared with about $US37.50 from Australia. Shanghai Securities News reported yesterday that Beijing planned to reduce the huge iron ore stockpiles at Chinese ports in a bid to curb soaring freight rates. The newspaper quoted unnamed sources as saying that the move should also help break China's deadlock with BHP and Rio. Analysts expect BHP and Rio to secure a partial freight premium for Australian iron ore this year, with most speculation in the range of $US10 to $US15 a tonne. BHP has also launched a $160 billion takeover bid for Rio, citing cost savings by combining the two miners' operations in the Pilbara. Meanwhile, Rio has unveiled plans to ramp up Pilbara iron ore production from about 200 million tonnes a year to 320 million tonnes by 2013, as part of its defence against BHP's unwanted advances. BHP shares fell 94 to $48.61. Rio shares dropped $1.10 to $155.