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Photo – Samarco to invest $271 million in capacity expansion
Samarco to invest $271 million in capacity expansion

Most of the amount will be spent during 2024

Photo – Vale increased iron ore production by 6% y/y in the first half of 2023
Vale increased iron ore production by 6% y/y in the first half of 2023

The production of iron ore pellets in January-June increased by 11.8% y/y.

Photo – ArcelorMittal Pecem increased slabs export by 57.8% m/m in June
ArcelorMittal Pecem increased slabs export by 57.8% m/m in June

Compared to June 2022, the volume of foreign supplies decreased by 9.9% y/y

Photo – Brazil’s Samarco produced 20 million tons of pellets after restart in 2020
Brazil’s Samarco produced 20 million tons of pellets after restart in 2020

During this period, the company shipped 200 ships with pellets to metallurgists in America, Africa, Europe and the Middle East

Photo – Brazil’s Gerdau is investing $667 million in new facilities in the state of Minas Gerais
Brazil’s Gerdau is investing $667 million in new facilities in the state of Minas Gerais

The project will increase iron ore production at the Miguel Bournier mine in Gerdau to 5.5 million metric tons per year

Photo – Vale reduced iron ore exports by 14.3% y/y in January-April
Vale reduced iron ore exports by 14.3% y/y in January-April

The export of iron ore pellets increased by 93.7% y/y in 4 months

Photo – Brazil increased iron ore exports by 40.8% m/m in May
Brazil increased iron ore exports by 40.8% m/m in May

In January-May, Brazilian mining companies increased the export of iron ore by 10.7% y/y

Photo – Gerdau suspends steel production at one of its plants in Brazil
Gerdau suspends steel production at one of its plants in Brazil

The stoppage is planned for the end of May 2023

Photo – Gerdau invests more than $950 million in the Brazilian state of Minas Gerais in 2023
Gerdau invests more than $950 million in the Brazilian state of Minas Gerais in 2023

60% of the investments planned for the current year will be directed to operations in the state

Photo – ArcelorMittal Pecem plans to increase production and export of slabs to Europe
ArcelorMittal Pecem plans to increase production and export of slabs to Europe

At the first stage, the plant plans to increase production from the current 2.85 million tons per year to 3 million tons per year

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