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Chin's economy slowdown

Metallurgy of iron and steel - Alto-forno - blast-furnace

Brazil's Usiminas hires Credit Suisse for unit sale

Brazilian steelmaker Usiminas Siderurgicas de Minas Gerais SA, a Brazilian steel producer, is in the process of offloading its manufacturing unit. Usiminas has already hired Credit Suisse SA as its financial advisor for the unit sale. The sluggish global economy and China's economy slowdown are impacting the Brazilian steel industry in more negative way.

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US Markets Open After Big Losses In Japan

Foreign investors take US small biz route

The market volatility, rising dollar and sluggish global economy are forcing foreign investors towards the US small business credit market for growth opportunities. Foreign investors generally prefer to invest in US treasury bonds. But the prevailing global conditions are propelling them to park their funds in small business credit market.

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