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Ternium has not received compensation for Sidor
Energy
The steelmaker Ternium, owned by the Argentine-Italian conglomerate Techint, said on Tuesday it has not received the compensation for the nationalization of Venezuelan steelmaker Siderúrgica del Orinoco (Sidor) which was due to pay this Monday.

Sidor was nationalized again in 2008, and the Venezuelan Guayana's Corporation (CVG) was expected to pay USD 157.5 million as principal installment, plus accrued interest, due under the first tranche and USD 141.5 million of mandatory pre-payment plus interest, due under the second tranche, said Ternium in a press release, as reported by Reuters.

"Under the agreements governing the transfer of Ternium's interest in Sidor to Venezuela, CVG has 15 days to cure any payment default under either tranche. Ternium has no indication that CVG will not pay the amounts currently owed to it in the coming days," said the press release.

Venezuela's compensation agreement to Ternium for the nationalization of Sidor amounted to USD 2 billion. The steelmaker is located in Bolivar state.

Chavez no garpa

LONDON—Steelmaking titan ArcelorMittal Wednesday reported a larger-than-expected net profit for the fourth quarter due to higher sales volume and pricing, but said 2010 will continue to be challenging.

The Luxembourg-based steelmaker also said it may deliver better results in the first quarter due to higher shipments, but said they will be offset by slightly lower average selling prices and increased costs. The steelmaker expects it net debt of $18.8 billion to increase in the first quarter.

ArcelorMittal, the world's largest steelmaker, ...

todo muy lindo pero esta 5,55% abajo

Mañana temprano entra el bce de MT, veremos para donde la sigue la nena.

Acordate lo que paso con la prepaga?
cantor dejese de ver el futuro y viva el presente
que mas de un agente se tiro del decimo por ir justo al medio
che y huguito?me toco el izquierdo, volvera, o mañana tenemos que aguantar los pronosticos , pronosticados?

hay tanta joda en la loteria
que no falta mucho para que se opere mas por aca
que por el papel

me garcaron mal aca cerre la mitad de lo q tenia vendido...