Tag «Brazilian Finance Minister»

Brazil: Worries about impact of steel imports on local productivity

Alacero-Santiago, Chile. August 22th, 2013. In a press release issued this week, Instituto Aço Brasil revised its outlook for 2013, because of the weak growth of the local demand. Crude steel production is expected to reach 34.5 million tons, a figure similar to 2012. Brazilian steel exports, meanwhile, would reach 8.5 million tons, down 13% versus 2012. Steel …