Beset with overcapacity, rising input costs, and cheaper Chinese imports, Brazilian steel shares...

|By:, SA News Editor

Beset with overcapacity, rising input costs, and cheaper Chinese imports, Brazilian steel shares have underperformed for several months. Tim Seymour suggests maybe all the bad news is baked in. A possible catalyst: the central bank engineering a cheaper real. SID -0.3%. USNZY.PK +0.7%. GGB +1.9%.