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http://www.gwm-tv.com - Steelmakers in Brazil are luring the top-performing stock funds in the country, amid prospects that the President-elect Dilma Roussef has steps planned to protect the steel industry from foreign competitors.

Top manufacturer, Gerdau SA, has seen shares snapped up amid speculation that Roussef is planning tax rises for imports.

It is also expected that the boom in construction that will be created by the 2014 World Cup and 2016 Olympic Games, will offer a significant boost to what had previously been referred to as “massacred” steel prices.