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Steel Industry Strategy of Vale in Brazil

September 8, 2009

Analysis of:Vale to build $3.7 bln steel Brazil plant | www.reuters.com

Matter much to most mining of iron ore in the world to encourage and facilitate the deployment of steel producers in Brazil creating captive customers for its huge reserve base of iron ore in both the southeast and in northern system of Brazil. Preferably VALE acts as a minority in the steelworks projects, attracting and facilitating the implementation of steel producers in Brazil.

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