Brazil

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Brazil increased ore exports by 7.9% y/y in March

Shipments recovered from a 22-month low in February

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ArcelorMittal to acquire Brazilian pipe producer Tuper

The company will acquire the remaining 60% of the shares that were not under its control

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Gerdau opens new hot-rolled steel production line in Brazil

This will help meet the growing demand for steel in the region

Global pig iron prices recovered after a fall

Pig iron prices in key regions returned to last year's levels by the end of February

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Global iron ore exports grew by 2% y/y in 2024

Australia exported 866 million tons of this raw material last year

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ArcelorMittal announces new investments in Tubarão, Brazil

The amount of investment will be up to $696 million, and the project is undergoing internal approval procedures within the group

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Brazil exported 389 million tons of iron ore in 2024

The largest consumer of raw materials is China – 276.79 million tons, or 71.2% of the total

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Vale increases iron ore production to highest level since 2018

Brazilian company shows 2% growth in 2024, despite a decline in the fourth quarter

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Brazilian steelmakers ask to introduce CBAM analog

The sector is not ready to take on unfulfilled climate obligations

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Brazilian steel importers exhaust 74% of quotas by January 2025

The country most actively imports galvanized and cold-rolled sheet

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Brazil increased iron ore exports by 8.8% y/y Ii January-July

In July, this indicator increased by 24% year-on-year

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Proliferation of CBAM analogs could affect Brazil’s exports – IISD

The main concern that the mechanism causes in the country is related to its role in global trade

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