David Burrows
Companhia Siderurgica Nac
SID-N
BUY
Jul 11, 2008
(Market Call Minute.) A Brazilian steel company. He likes steel. Pricing remains very firm. Will be a lot of resumption of purchases after the Olympics are over.
One of the biggest steel companies in Brazil. Steel sector has been performing well all through this year. Steel demand globally is very strong and rose about 5.7% last year. Brazil is probably the best economy in the world right now.