Is Chinese steel import falling? “Myth”, says this analyst
As importações de aço estão finalmente caindo no Brasil, depois de anos tirando o sono das siderúrgicas locais. Quer dizer, não é bem assim. Um relatório publicado pelo Bradesco BBI está desafiando essa leitura – afirmando que, quando se olha para o aço que chega ao País dentro de carros, máquinas e autopeças, a penetração […] The post A importação de aço chinês está caindo? “Mito”, diz este…
Brazil's steel imports have decreased by 21% in the first seven months of the year, to 3.3 million tons, following government measures such as anti-dumping duties against Chinese products and reduced import quotas. However, according to a Bradesco BBI report, steel imports via manufactured goods, such as cars and machinery, have grown 19% to 4.2 million tons.
As a result, foreign steel is expected to account for 40.4% of Brazil's demand this year, a record. The Bradesco BBI analyst, Rafael Barcellos, says that despite the decrease in direct steel imports, Brazilian steelmakers have barely benefited, with only 6,000 tons of recovered sales out of 851,000 tons of avoided imports.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
