Former Severstal trader targets Latin America

Dec 05, 2012 | 10:58 AM | Juan Weik

Tags  Nelson Gonçalves, NGX International, Severstal, wire rod, bar, hot-dipped galvanized coil, special bar, Steel First Juan Weik

SÃO PAULO — NGX International Corp., a new trading firm based in Florida, has been focusing on "niche" Latin American steel markets not usually targeted by major trading companies, owner Nelson Gonçalves said.

Gonçalves, a former trader at Cherepovets, Russia-headquartered OAO Severstal’s Miami-based Latin American trading office, decided to open his own company catering to small and medium-sized distributors and industrial customers in several of the region’s countries. ....

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