Brazil - Latest news GMK Center

China was the leading importer last month, accounting for 61.8 million tons of the total export volume of 76.4 million tons

Steel production during this period increased by 5.5% y/y, while sales volumes declined slightly

The market was under pressure due to a shortage of supply and high transportation rates

Due to the rainy season, the tight supply of cast iron in Brazil may persist until May

Compared to the same period in 2025, shipments decreased by 4%

The investments must be completed by 2028

The market was under pressure due to rising demand and the war in the Persian Gulf

The shortage of pig iron in Brazil is expected to continue through May

Restoring competitive conditions will require reducing the market share of foreign suppliers

The rise in pig iron prices in Europe is being driven by the full launch of the CBAM in 2026

Slab prices rose on the European market, taking into account CBAM costs

The measures, which will remain in place for five years, apply to cold-rolled and hot-dip galvanized steel products