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Steel and Aluminium

Steel and Aluminium Nov, 05, 2024 1

U.S. election outcome critical for Brazilian steel exports

The result of this Tuesday’s U.S. presidential election has significant potential to impact Brazil’s steel industry. Depending on whether Kamala Harris or Donald Trump prevails, the sector may either see…
Steel and Aluminium Oct, 24, 2024 0

Brazil raises import duty on 11 steel products

After over a year of analysis, the Executive Management Committee (Gecex) of the Foreign Trade Chamber (Camex) raised Brazil’s import tax to 25% for 11 types of iron and steel…
Other Logistics Oct, 22, 2024 0

Ferroport triples iron ore exports in ten years of operation at Açu Port

Ferroport, which operates the iron ore terminal at the Port of Açu in São João da Barra, Rio de Janeiro, is set to celebrate its tenth anniversary this month with…
Steel and Aluminium Sep, 19, 2024 0

Brazil Launches Dumping Investigation into Pre-Painted Steel Exports from China and India

The federal government initiated an investigation on Thursday (19) regarding dumping practices in the exports of pre-painted steel from China and India “and the damage to the domestic industry resulting…
Steel and Aluminium Sep, 12, 2024 0

Vale ups iron ore export forecasts

In a boost for capesize owners, Brazilian mining giant Vale yesterday upped its full year iron ore export forecast to between 323m and 330m tons, up from earlier predictions of…
Steel and Aluminium Sep, 03, 2024 0

Alcoa to Launch Own Coastal Shipping Operation in Brazil

Alcoa is set to launch its own coastal shipping operation in Brazil by disbursing $200 million (approximately R$1.1 billion at the current exchange rate). According to Mateus Tiraboschi, Alcoa’s global…
Steel and Aluminium Aug, 12, 2024 0

Brazil’s Steel Imports Slow Down Following Government Tariff Hike

The surge in steel imports to Brazil, particularly from China, which hiked 50% between 2022 and 2023, is beginning to hit the brakes after the government raised tariffs on these…
Steel and Aluminium Aug, 09, 2024 0

Chile only steel mill shut by Chinese competition

Chile’s only steel mill, the Huachipato plant run by CAP, announced it will cease operations by September. The company claims that the large amount of Chinese steel entering the market…
Steel and Aluminium Jul, 29, 2024 0

Import restrictions help steel distributors gain momentum in Brazil

Daily sales of flat steel by distributors in Brazil hit a record in June, marking the best monthly performance since at least 2015. This strong result has led the sector…
Steel and Aluminium Jun, 25, 2024 0

After government measures, steel companies revise projections

The federal government’s decision to establish quotas for the import of 11 types of steel products, with a 25% tariff on surplus volume, is expected to bring moderate improvements to…