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ANALYSIS: Brazilian steel industry has yet to adjust supply to demand

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Distributors and end-users started to note the extended lead times in July 2020, following that year s coronavirus pandemic peak in Brazil and then the resumption of economic activities. Brazil rolled steel domestic apparent consumption surpassed production by 356,000 mt in March 2021, the highest differential since the beginning of Aço Brasil s monthly data releases in 2013. Total rolled steel production reached 2.09 million mt in March, while apparent consumption was 2.44 million mt, the data showed. The second-highest differential was 255,000 mt in August 2013, when apparent consumption reached 2.18 million mt and rolled steel production was 2.26 million mt.

Espíto santoUnited statesMello lopesCarlos loureiroJader barbalhoLuis martinezBrazilian chamberCaribbean energy virtual conferenceMarco polo de mello lopesConstruction industryCompanhia siderSenator jader barbalhoCentral americaஒன்றுபட்டது மாநிலங்களில்மெல்லோ லோப்ஸ்கார்லோஸ் லூரிரோ

Crude steel production rises and sales soar in March, says Brazil Steel Institute

Crude steel production rises and sales soar in March, says Brazil Steel Institute
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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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Brazilian steel production grew 11% in January

RIO DE JANEIRO, BRAZIL - Brazilian steel production increased 11% in January, compared to January last year, representing the highest growth since January 2019. Similarly, domestic sales grew 26% and apparent consumption rose 25%, the highest percentage since March 2015. The figures were presented yesterday, February 22nd, by Marco Polo de Mello Lopes, CEO of Instituto Aço Brasil (Brazil Steel Institute). For this year, the institute projects a 6.7% increase in crude steel production, with 33.04 million tons. Domestic sales (5.3%, with 20.2 million tons), exports (9%, 11.7 million tons), imports (9.8%, 2.2 . . . To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here

Mello lopesBrasil brazil steel instituteMarco polo de mello lopesBrazil steel institutePremium membershipமெல்லோ லோப்ஸ்பிரேசில் பிரேசில் எஃகு நிறுவனம்மார்கோ போளோ டி மெல்லோ லோப்ஸ்பிரேசில் எஃகு நிறுவனம்ப்ரீமியம் உறுப்பினர்