22
May
12:25
Brazil’s steel industry to invest $19.5 billion: Lula
The Brazilian steelmakers will invest BRL 100.2 billion ($19.5 billion) in production expansions, upgrading their processes and decarbonisation projects over the next five years. The announcement originates with Brazil’s President Luiz Inácio Lula da Silva this week, although he did not provide any details about which companies are planning to do it.
Lula says the actions will strengthen and improve the industry's competitiveness.
Market partic…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous