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Steelmakers to invest USD 20 bn in Brazil - ANBA News Agency

Steelmaking companies plan on investing BRL 100.2 billion (USD 19.6 billion) in Brazil by 2028, repsentatives said on Monday (20).

Brazilian crude steel production in July rises 14.5%, says Brazil Steel

Brazilian crude steel production in July rises 14.5%, says Brazil Steel
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Crude steel production up 40.1% in May, says Aço Brazil

Crude steel production up 40.1% in May, says Aço Brazil
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Brazil expects reduction of steel import quotas under Biden infrastructure plan

RIO DE JANEIRO, BRAZIL - The plan of the President of the United States, Joe Biden, to invest US$ 2.3 trillion in infrastructure, announced last week, raised the expectation of the Brazilian steel industry that Washington may review the quotas that limit the entry of imported steel, imposed by Donald Trump s administration. Marco Polo de Mello Lopes, president of the Brazil Steel Institute, representing Brazilian steelmakers, notes that the basis for an infrastructure program is steel, but the American steel industry is not self-sufficient in raw material, and will need to import much more semi-finished steel. Of . . . To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here

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