Tuesday, February 8, 2011

BUY OR SELL-Is it time to buy shares of Brazil's Usiminas?

Tue Feb 8, 2011 8:30am EST


* Brazil's steel sector seen undergoing deep changes

* Usiminas seen hit by rising ore, coal prices, imports * Change in controlling bloc, discount could boost shares By Guillermo Parra-Bernal SAO PAULO, Feb 8 (Reuters) - Nonvoting shares of Usiminas
(USIM5.SA), Brazil's biggest flat steel maker, lost 19 percent
in the past year on concern over rising raw material costs and
climbing imports of steel products into Brazil. Some

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