Brazil bond buyers hope for CSN comeback after steely rally

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Brazil bond buyers hope for CSN comeback after steely rally

Molten steel in mill from Fotolia 230x150
Kybele - stock.adobe.com

Bond investors are betting that Brazilian steel producer Companhia Siderúrgica Nacional (CSN) can complete its comeback from the brink. Its bonds have rallied strongly enough for some holders to speculate a new issue may be on the cards.

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