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29 May
11:34

Brazil's truckers strike to impact steelmakers results

The Brazilian steel sector could see both its production and financial results impacted by the national truck driver`s strike in the second quarter of 2018, Kallanish notes. Brazilian steelmakers Companhia Siderúrgica Nacional (CSN) and Usinas Siderúrgicas de Minas Gerais (Usiminas) are estimated to have lowered their steel shipments by -20% year-on-year during May due to the strike. “The strike could slow down the…
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