Companhia Siderurgica Nacional (ADR)

  • 3 Steals on Steel

    By Garrett Gustafson - August 15, 2013 | Tickers: AKS, SID, PKX

    What drives any modern, efficient economic growth? Certainly, one answer would be infrastructure. And what is the most critical element for infrastructure development? Good old-fashioned steel. A solid investment for decades, steel will continue to be lucrative for years to come. Warren Buffett shares this view, which is why his company, Berkshire Hathaway, holds a major investment in POSCO (NYSE: PKX), a low cost steel producer in South Korea. What more »

  • Is it Time to Buy These Beaten Down Brazilian Stocks?

    By Ryan Palmer - August 12, 2013 | Tickers: SBS, ELP, SID

    The markets dashboard is one of the coolest parts of the Wall Street Journal. Among the cornucopia of data is information on the world's major stock indexes. Looking at today's dashboard shows that major American indexes are performing very well. On a year-over-year basis the DJIA and S&P 500 are up 19.5% and 19.9% respectively. 

    The worst performing index on the markets dashboard is the more »

  • Invest In These 3 Brazilian Steel Companies

    By Damian Illia - June 6, 2013 | Tickers: SID, VALE, GGB

    Low labor and raw material costs provide Brazil’s foundries and metal producers with an advantage over worldwide competitors. Furthermore, several international sports events coming up in the next three years will certainly boost the demand for metals, as huge infrastructural projects are undertaken by the state. The Brazilian Steel Institute expects sales to increase by 7.7% in 2013. Three companies in particular, Gerdau (NYSE: GGB), Vale (NYSE: VALEmore »)

  • Will Future Initiatives Be Enough to Boost the Brazilian Iron & Steel Industry?

    By Victor Selva - June 3, 2013 | Tickers: SID, GGB, USNZY.PK

    Various initiatives, such as the Soccer World Cup, the 2016 Olympic Games, the pre-salt oil reserves, and the government’s PAC-2 infrastructure program are expected to boost the steel industry in Brazil. However, a stronger currency and government incentives have produced strong import pressure in Brazil, which has weighed on the profitability of the steel business. Also, their ability to stay competitive is compromised by rising labor and raw materials more »

  • Brazil is Building Roads. Could It Be a “Bull Market”?

    By Fani Kelesidou - November 28, 2012 | Tickers: SID, GGB, OIBR, VIV, TSU

    In an effort to boost the domestic economy, Brazil decided to pave its way towards high growth rates by building roads and railways. For the full year of 2012, Brazil's GDP growth is estimated to be less than 2 percent, the lowest annual performance since 2009. Brazil's need to modernize the economy is urgent, and infrastructure improvement might be a catalyst. After all, the 2014 football World Cup more »

  • Dividends You Can Count On

    By Chris Hodge - November 14, 2012 | Tickers: BIP, SID, TNH, TWO

    I'm a confirmed, bona fide, life-long dividend junkie, and you might be on too. But one of the harshest lessons I learned in the panic of 2008 was that sometimes dividends can fail -- and sometimes the very companies that pay the dividends can self-destruct in an insanely short period of time. Billions of dollars of wealth (a tiny part of it mine) and untold millions in beautiful dividend income more »

  • "...I'd Bet on Brazil First..."

    By Jonathan Yates - September 14, 2012 | Tickers: SID, VALE, XOM, EWZ, PBR

    In a recent speech to a gathering of bankers in San Paulo, former president Bill Clinton stated that,"If I were just sitting in a room betting on the future of rising countries, I'd bet on Brazil first."  Uber investors George Soros and Ray Dalio share the same bullish view on Brazil as an investment.

    Ray Dalio is the head of Bridgewater Associates, the biggest hedge fund in the more »