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Friday, August 26, 2011

Brazilian steelmaker aiming to quadruple its iron ore production


Bloomberg reported that Usinas Siderurgicas de Minas Gerais SA, the Brazilian steelmaker aiming to quadruple its iron ore production, stands to gain the most from an auction for a USD 1 billion port terminal to be built in Rio de Janeiro state.

The state government will take bids later this

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