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UPDATE 1-Brazil steelmaker Gerdau beats profit estimates
2013-08-01 17:44:59| Steel - Topix.net
Brazil's Gerdau SA beat second-quarter profit estimates on Thursday as costs rose at a slower pace than revenue, in a sign the largest steelmaker in the Americas is banking on prudence to bolster earnings.
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Steelmaker Faces Cost Burden on Higher Ore Tax: Corporate India
2013-06-27 04:45:15| Steel - Topix.net
Steel Authority of India Ltd. , besieged by falling demand and prices, is bracing for a further erosion in earnings after a government panel recommended an increase in royalty fees for iron ore , a key raw material.
Tags: cost
higher
corporate
tax