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South America News

7Feb
Vietnam receives highest subsidy rates: US CORE probe

The US Department of Commerce has issued preliminary countervailing rates in its ongoing probe of unfairly …

7Feb
Vale buys Chinese partner's stake in Baovale

Brazil's Vale says it has acquired the remaining 50% stake in Baovale, a mining joint venture …

7Feb
Tubacex bags new OCTG contract from Petrobras

Spanish stainless tube manufacturer Tubacex has signed a €40 million ($41.5m) agreement with Brazilian national oil …

7Feb
ArcelorMittal builds new finished steel line in Brazil

ArcelorMittal has announced plans to invest between BRL 3.8-4 billion($656.8-691.4 million) in the construction of a …

7Feb
Gerdau secures scrap supplies from Randoncorp

Brazil's Gerdau has secured scrap supplies for its special steel unit in Charqueadas, Rio Grande do …

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