Brazil's government wants GGB to give it more than 1 Billion US Dollars, and GGB did not settle with that corrupt government back in November for foreign taxes............Brazil government is corrupt just like the rest of them including the USA government.
its not scammers. It is lack of interest in a Brazilian company and steel at that. China is appearing to slow down. When the market looks favorably on steel companies again and brazil in general this will fly along with SID.
Until then it will drift around until we get past the doubt about global growth.