Brazil’s Usiminas sees global steel prices on rise

SAO PAULO, Feb 25 (BestGrowthStock) – Brazilian steelmaker Usiminas
(USIM5.SA: ) sees global steel prices rising this year as the
world economy recovers, a company executive said on Thursday.

Sergio Leite de Andrade, a company vice president, also
said on a conference call with analysts that domestic steel
prices in Brazil were likely to remain stable this year.

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(Reporting by Alberto Alerigi Jr., Writing by Todd Benson)

Brazil’s Usiminas sees global steel prices on rise