Industry News

Brazil's steel imports may break Mar record in Apr

Views : 31
Update time : 2025-04-29 15:55:08
According to Brazil's National Institute of Steel Distributors (INDA), the country's flat steel imports already reached a record in March of this year, but it will continue to increase in April.

Carlos Loureiro, president of INDA, stated that there are more than half a million tons of steel awaiting nationalization in the São Francisco do Sul port alone. He urged that if the federal government does not take strong measures against China, domestic steel plants will face significant problems, and domestic distributors will have to continue struggling to survive.

Last week, the Brazilian Steel Institute stated that the country's total steel imports totaled 663,000 tons in March, the highest single-month import volume in history.
Related News
Read More >>
US aluminium trade trends down with imports dampened by 12% in February 2025 US aluminium trade trends down with imports dampened by 12% in February 2025
May .09.2025
US aluminium trade trends down with imports dampened by 12% in February 2025
Geneva to host the world’s most expensive conversation between China and US Geneva to host the world’s most expensive conversation between China and US
May .09.2025
Geneva to host the world’s most expensive conversation between China and US
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
May .09.2025
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
India launches aluminium recycling portal amid circular economy push and global trade shifts India launches aluminium recycling portal amid circular economy push and global trade shifts
May .09.2025
India launches aluminium recycling portal amid circular economy push and global trade shifts