Brazil - Latest news GMK Center

Compared to December 2025, the indicator decreased by 22.7%

The enterprise was shut down for reconstruction in the spring of 2024

Steel production in the region is expected to decline by 2.5% y/y at the end of the year

Deliveries reached a record 341.1 million tons

The company's revenue in North America grew mainly due to increased sales in the United States

At the same time, pellet production decreased due to a decline in demand for high value-added products

Instead, the company is counting on growth in the US

Local players rather than global companies can ensure the success of Brazilian metallurgy decarbonization

The industry is affected by rising imports and underutilized capacity

Revenues from these exports fell by 8.8% y/y due to lower prices

Exports from Brazil to the US rose sharply amid expectations of tariffs and rising scrap prices

New restrictions could disrupt iron ore supplies to the US and affect global prices