The rank, along with the Expected Surprise Prediction (ESP) (Read: Zacks Earnings ESP: A Better Way to Find Earnings Surprises ) helps in predicting the probability of earnings surprises. In Brazil, high inflation, overvalued currency, soaring labor costs and infrastructure bottlenecks are curtailing investment activities, which in turn will negatively impact steel demand. These adverse economic factors will affect companies like ArcelorMittal ( MT ), which generates almost half of its revenues from the region and United States Steel Corp. ( X ) that has significant operations in Europe.