22
Jun
01:00
Brazilian economic downturn 'paralyses' steel industry, hits auto output, says IAB
Brazil’s economic downturn continues to affect both the country’s steel and automotive industries, Kallanish learns from the Brazilian steel institute Instituto Aço Brazil (IAB). The drop in orders from machinery manufacturers and construction companies has pushed the Brazilian steel industry to cut approximately 11,000 jobs since June 2014.
According to the institute, many automotive operations are progressively reducing their…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous