The Brazilian steel long producer Gerdau said that its net profits totaled BRL160 million in the first quarter of this year, growing by 12% from a quarter ago but slumping by 60% year on year. In the first quarter of this year, Gerdau ...
Tags: steel long producer, steel
According to the Brazilian steel distributors association (Inda), its members’ steel sales totaled 317,900 tons in February, falling by 7.5% year on year and down by 13.8% from a month ago. In the first two months of this year, its ...
Tags: Steel Sales, Inda, Metallurgy
Reportedly followed with the price increase announcement by Usiminas, the largest steel mills in Brazil accounting for 28% of total steel output in Brazil, that their steel prices would also increase by 6%~ 8% in March. The Brazilian ...
Tags: Brazilian CSN, Steel, Prices
exports of steel pipes and tubes totaled 20,655 tons in January, surging by 30% from a month ago. Among them, 2,214 tons were welded steel pipes and tubes, falling from 2,726 tons in a month ago; 18,441 tons were seamless steel pipes ...
Tags: Steel Pipe, Steel Pipe Export, Tube Exports
It’s reported that the Brazilian steelmakers are seeking to raise the prices of steel flat products in order to improve profits. The Brazilian steel industry stayed in difficult situation in 2012 due to slow economy in international ...
Sindisider, the Brazilian steel distributors' association, and Inda, Brazil's National Institute for Distribution of Steel, have released a report together stating that Brazilian steel distribution companies sold 4.35 million mt of flat ...
Tags: Sindisider, steel, steel distribution
The Brazilian steelmakers predicted that the input costs would decrease in 2013 and the fierce price competition against the imports of steel products may be released, helping the Brazilian steel enterprises to decrease loss made in 2012. ...
Tags: Brazil, steelmakers, input costs, 2013
It is learned that Brazilian steel sector expecting a relief of its cost structure for 2013, which is able to reduce the deficit registered in 2012. Last year, the federal government released several measures in favor of local steel sector ...
Tags: Brazil, steel sector, cost structure, 2013
Sindisider,the Brazilian steel distributors'association,released a report stating that Brazilian steel distribution companies sold 4.04 million tonne of flat products in the January-November period of 2012,1.9%higher compared to January to ...
Tags: Sindisider, Brazilian steel distribution companies, flat steel
Reuters reported that Brazilian flat steelmakers led by Cia Siderúrgica Nacional SA will raise prices as early as this month,in a move that may face mild resistance from clients as inventory remains low. As per report"CSN announced ...
Reuters reported that ThyssenKrupp's chief executive Mr Heinrich Hiesinger vowed to fix problems at Germany's biggest steelmaker, after a disastrous overseas foray and corruption allegations that led him to oust half its management board. ...
Tags: Germany, overseas foray, steel company, steel market
According to the Brazilian Steel Institute (IABr), Brazil's steel product sales volumes will rebound and the surplus production will be reduced in 2013. IABr expected the domestic sales volumes of rolled steel products to rise to 23.40 ...
Tags: Steel Products, Brazilian Steel, steel product sales volumes