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Metals / Perspectives


 

Thursday, November 20, 2008   Contact Us | Advertising | Company Info | Jobs at BNamericas |    Select Language:Español

Christiano Freire

President
Inda


After two consecutive years of strong sales, Brazilian steel distributors are expecting much lower volumes in early 2009 due to plummeting demand triggered by the global financial crisis. This week, BNamericas interviewed Christiano Freire, president of the Brazilian steel distributors association Inda. Freire, at the helm of the organization since January 2007, said he expects considerably lower sales in the first quarter of next year. However, he also expects the sector to rebound in the s

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Luis Fernando Mariano Monteiro

Sustainability and strategic planning director
Grupo Cosipar

November 07, 2008

Founded in 1986 by then government-owned Brazilian miner Companhia Vale do Rio Doce and purchased by the Costa Monteiro family in 1994, Grupo Cosipar is one of several pig iron producers affected by the global economic financial crisis. As an exporter of 1... more No permission

Paulino Cícero de Vasconcellos

President
Sindifer MG

October 30, 2008

Brazil's pig iron producers are among the hardest hit by the global financial crisis, many being left virtually without any customers as demand from the US, Europe and other major markets has fallen sharply. But in recent years the sector has enjoyed a r... more No permission

Weekly Wrap|Perspectives

Published: Friday, November 14, 2008

Announcements of production cuts permeated the metals industry this week as the global financial crisis continued to impact demand for commodities.

Although Pittsburgh-based aluminum giant Alcoa announced 350,000t/y in global cutbacks to its output - bringing the total to 615,000t/y in cuts during the second half of 2008 - it said no cutbacks were planned for Brazil.

In the steel sector, Gerdau - Latin America's largest steelmaker - has not yet announced cutbacks, but the company did say it was reviewing its investments.

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Coming Up

  • November  27, 2008

    Thanksgiving Day - US markets closed. - Regional

  • December  25, 2008

    Christmas Day - markets closed. - Regional

  • 2009

    CSA slab mill under construction in Rio de Janeiro state - slated to produce 5Mt/y - is due to enter operations. - Brazil

  • 2009

    Pig iron company Fergosul is due to start production at 200,000t/y in Mato Grosso do Sul state. - Brazil

  • January  01, 2009

    New Year's Day - markets closed. - Regional

 

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