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27 Apr
09:44

Brazil's steelmakers demand urgent recovery plan

Brazilian steel market performance is returning to a lower level last seen 25 years ago, according to the president of Brazilian steelmakers’ association Instituto Aço Brasil (IAB) Marco Polo de Mello Lopes. The executive was commenting sector`s latest data with media monitored by Kallanish (see related article). Steel sales to domestic market slumped while large customers, such as automotive and machinery industries, have temporarily halted producti…
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