Replies to post #6416 on Alloy Steel Inc. (fka AYSI)

[gym gravity]

Vale CEO on macro:

Murilo Ferreira said that unlike the 2008-09 crisis when Vale was forced to reduce production and lay off workers, this time around, credit and financing lines have remained intact, allowing the trade of iron ore and other commodities to continue.

"Life goes on as usual at Vale and, as a result, things are going as planned. We had a very good July," Ferreira told Estado de S.Paulo newspaper.

http://finance.yahoo.com/news/Brazils-Vale-CEO-No-problems-rb-3486330832.html?x=0&.v=2