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Brazil’s steel industry ‘almost at crisis point’

MINING.COM Staff Writer | June 29, 2011 | 4:30 pm Energy Latin America Coal Iron Ore 

FoxBusiness.com quotes an analyst at an industry conference in Rio de Janeiro as saying on Tuesday Brazil's steel industry is "almost at crisis point," due to the country's strong currency and soaring raw-materials costs. Steelmakers have been hit by soaring...

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