RIO DE JANEIRO, BRAZIL – The Executive President of the Brazil Steel Institute, Marco Polo Lopes, stated that the national industry projects investments in the order of US$8 billion between 2021 and 2025.
At the end of 2025, the perspective is a production of 31.4 million tons. From 2008 to 2020, the consolidated investments were US$28.2 billion.
Brazil Steel Institute reaffirms investments of US$8 billion by steelmakers.
Brazil is the world’s new largest steel producer. The sector has 31 mills, representing an installed capacity of 51 million tons of crude steel production per year.
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Three segments account for 82% of steel consumption: construction and the capital goods industry, including the automotive segment.
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