Brazil - Latest news GMK Center

Over the same period, Brazil saw its exports fall by 3.8% y/y

An initial investment of around $7 million will be channelled into engineering research

Following a period of high prices in the market, a correction set in

According to the country’s authorities, such actions do not solve the problem of steel overproduction, but instead provoke an escalation of trade measures

Last month, cast iron prices on a Black Sea FOB basis fell due to a drop in scrap metal prices and low demand

Prices in most regional markets remained stable over the same period

Prices for Asian slabs continued to rise amid a shortage of supplies from Iran

Prices for pig iron in the Black Sea region rose by $8 per ton last month

U.S. industry associations are concerned about the negative impact of decisions made by China and Brazil

At the same time, pellet exports last month rose by 32% compared to March

Prices for Asian slabs continued to rise amid a supply shortage

Prices for Brazilian cast iron rose amid steady demand from the U.S. and the EU