Still a complicated year for Mavi. A slow market and fierce competition from Asia are causing us some trouble.

Orders have decreased to 2008 levels, new  larger orders are not in sight. Argentina is a problem, as many of our customers are exporters for that country, in deep financial trouble. Practically bankrupt, while cinically sustaining everything is ok...

A few Brazilian steel companies are investing in small retroffitings of very old vibratory equipment, some foundries too. But the minerals sector, fertilizers and agriculture go for cheap Asian imports. Difficult to compete with those prices...