09
Jan
16:24
Brazilian automotive sector expects growth in 2017
Automotive production in Brazil is expected to increase 11.9% year-on-year in 2017 to 2.41 million units, according to Brazilian automotive association Anfavea.
Due to political and economic instability, last year Brazil saw its output down by -11.2 % y-o-y and over 40% compared to 2013, the best year recorded for this industry so far. In 2016 the country produced 2.16 million vehicles.
Anfavea also expects a recovery in the sales of cars this year,…
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Very good overview of the weekly steel market.
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