Replies to post #105 on Companhia Siderurgica Nacional (SID)

[stocktrademan]

I think it has to do with the increasing value of the products it produces, recent higher demand, and the market environment for its offerings:

The company is a leading steel producer in Brazil
http://www.google.com/#q=+Companhia+Siderurgica+Nacional+

News: Iron Ore and Steel are Bullish for variety of reasons
http://www.google.com/#tbm=nws&q=iron+ore+and+steel

Iron Ore Spot Price could be basing and recovering due to increased steel demand
http://ycharts.com/indicators/iron_ore_spot_price_any_origin

Dow Jones Steel Index is bullish, bull flag breakout continuation