08
Oct
11:36
Brazil`s automotive industry reviews 2019 production outlook
The Brazilian automotive industry has reduced its annual forecast for production growth from 9% to 2.1% on-year, according to the local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea). Output is expected to weaken, due to a -33.2% drop in exports, Kallanish notes. These are believed to have been mainly impacted by the persisting economic crisis in Argentina. The output is estimated to reach…
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Anonymous
Very good overview of the weekly steel market.
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