Brazil

shutterstock.com
ArcelorMittal Brazil will reduce rolled steel production by 1.3 million tons in 2023

The decrease in the volume of steel production is associated with a large volume of imports of rolled steel into the country

gerdau.com
Gerdau shuts down Brazilian plant in Maracanaú due to cheap imports

The company demands the introduction of a 25% import duty on steel products from Russia and China

shutterstock.com
Brazil’s steelmakers will invest $12.5 billion in the industry over the next four years

The industry is showing confidence despite adverse conditions

shutterstock.com
Brazilian steelmakers are calling for higher import duties on steel

The industry demands an increase in the tax on steel imports from the current 9.6-12.8% to 25%

shutterstock.com
ArcelorMittal invests more than $1.5 billion to expand production in Brazil

The company plans to increase iron ore mining, steel smelting and rolled steel production in the country

shutterstock.com
Brazil’s Gerdau in 2Q reduced steel supply by 1.5% q/q

Shipments decreased by 9.6% year-on-year

shutterstock.com
ArcelorMittal postpones investment in Brazilian enterprise

The commissioning of the new facilities was planned for the end of 2024

samarco.com
Samarco to invest $271 million in capacity expansion

Most of the amount will be spent during 2024

mercopress.com
Vale increased iron ore production by 6% y/y in the first half of 2023

The production of iron ore pellets in January-June increased by 11.8% y/y.

1 2 3 4 5