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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (55)9/21/2010 3:07:32 AM
From: elmatador  Read Replies (1) | Respond to of 2508
 
It is just beside Vale:
Message 26752787

Lula forced Vale to invest where there is a gap.
Fertilizers is case in point.



To: marcos who wrote (55)9/21/2010 3:17:25 AM
From: elmatador  Respond to of 2508
 
If it works for more independence, it has government support
Here is why:

Message 26830226



To: marcos who wrote (55)9/21/2010 4:51:36 AM
From: elmatador  Respond to of 2508
 
Stainless steel will skyrocket. Presalt needs a lot of it.

pre-salt environment is very corrosive

In 2009, according to Núcleo Inox data, Brazil produced 324.000 tons of stainless steel plan and long. 2010 plan is to get back to pre 20008 crisis level when production was 379,8 tons of stainless steel

Nucleo Inox says: “Sector grows, 6% to 7% a year in the world”. Production is 30 million tons per year mainly because of China entered the market.



To: marcos who wrote (55)9/24/2010 3:26:44 PM
From: elmatador  Respond to of 2508
 
Brazil's capital markets could see a surge in share offerings as companies that had put deals on hold because of the record-setting Petrobras sale tap investors for new funds.

...

"With this deal out of the way, there will be an avalanche of offerings, particularly in the oil sector," said Rodolfo Riechert, chief executive of securities firm Plural Capital in Sao Paulo and a former head of investment banking at Banco Pactual.

Spain's Repsol YPF SA (REP.MC: Quote) has filed for an IPO of its Brazilian unit, Repsol Brasil, which has stakes in large oil wells in partnership with Petrobras. Other companies in the sector going public include Karoon Petroleo & Gas SA, a unit of Karoon Gas Australia Ltd (KAR.AX: Quote), Brazilian company HRT Participacoes em Petroleo and Norskan Offshore SA, a unit of Norwegian oil services group DOF ASA (DOF.OL: Quote).

af.reuters.com