RE: Round again.30 Oct 2020 19:44
Duferco do have an energy division...? probably looking to much into it but they could be part of future plans...
this is off website, not sure how up to date.
'In power, DXT has been developing an important off-take portfolio of renewable and conventional energy. A highly qualified team of analysts and meteorologists supports the company in offering competitive Power Purchase Agreements (PPA) and minimizing imbalance risks for its energy producing customers.'
and has this going on in Brazil
'Through Matrix Energia, since 2015 DXT has positioned itself in Brazil’s growing power market as the first independent trading company by volume negotiated in that market. Today, Matrix Energia trades around 7 TWh and acts as a local market maker. The company trades a wide range of products from short-term instruments to long-term PPAs (power purchase agreements) with energy from renewable sources as underlying. In fiscal year ending December 31st2018, Matrix reached an approximate turnover of BR$ 1.8 billion with over 500 active counterparties.'
who knows but guess we will find out soon enough.
GLA