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Photo – Vale reduced iron ore exports by 17.6% y/y in January-November 2022
Vale reduced iron ore exports by 17.6% y/y in January-November 2022

The company's sales of iron ore on the domestic market increased by 40.4% y/y

Photo – Vale to achieve production volumes of 360 million tons of iron ore per year by 2030
Vale to achieve production volumes of 360 million tons of iron ore per year by 2030

The production of iron ore pellets until 2030 is planned at the level of 100 million tons per year

Photo – Brazil to launch a new iron ore mining project
Brazil to launch a new iron ore mining project

The plan is to extract 540,000 tons of iron ore per year from mines near the city of Porto Grande

Photo – Vale reduced iron ore exports by 17.3% y/y in January-August 2022
Vale reduced iron ore exports by 17.3% y/y in January-August 2022

The company's sales of iron ore on the domestic market increased by 19.6% y/y

Photo – Latin American steel demand to decline in 2022 – Alacero
Latin American steel demand to decline in 2022 – Alacero

The new forecast is more optimistic than the previous one and reflects increased expectations for GDP growth in the countries of the region

Photo – ArcelorMittal expects Brazilian steel demand to double during a decade
ArcelorMittal expects Brazilian steel demand to double during a decade

Brazil has huge opportunities to increase steel consumption and feels the need to create additional infrastructure

Photo – Brazil increased steel exports to the EU by 9.3 times in January-May
Brazil increased steel exports to the EU by 9.3 times in January-May

According to the results of 5 months, Brazilian products took 15% of the total EU steel imports

Photo – ArcelorMittal acquires Brazilian slab producer CSP for $2.2bn
ArcelorMittal acquires Brazilian slab producer CSP for $2.2bn

The company announced the signing an agreement with CSP shareholders, and the closing of the transaction is scheduled for the end of 2022

Photo – Global pig iron supply not expected to improve
Global pig iron supply not expected to improve

Brazil couldn`t replace supply drop from Ukraine

Photo – Brazil extends anti-dumping duties on Ukrainian heavy plate
Brazil extends anti-dumping duties on Ukrainian heavy plate

The safeguard measures were first imposed in 2013 and are now extended for five more years

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