Usinas Siderurgicas De Minas Gerais Sa-usiminasBMFBOVESPA: USIM3

Brazil steel lobby cuts 2025 outlook for raw steel output

· Issued by Usinas Siderurgicas De Minas Gerais Sa-usiminas
  • STEEL LOBBY ACO BRASIL: SEES BRAZIL'S 2025 RAW STEEL OUTPUT FALLING 0.8% FROM 2024 VERSUS 0.6% DECLINE PREVIOUSLY ESTIMATED

  • STEEL LOBBY ACO BRASIL: SEES BRAZIL'S 2025 STEEL EXPORTS RISING 1% FROM 2024 VERSUS 2% INCREASE PREVIOUSLY ESTIMATED

  • STEEL LOBBY ACO BRASIL: SEES 2025 STEEL CONSUMPTION IN BRAZIL RISING 5% FROM 2024 VERSUS 1.5% INCREASE PREVIOUSLY ESTIMATED

  • STEEL LOBBY ACO BRASIL: SEES BRAZIL'S 2025 IMPORTS OF ROLLED STEEL RISING 32.2% FROM 2024 VERSUS 11.5% INCREASE PREVIOUSLY ESTIMATED

  • BRAZIL'S STEEL SECTOR WILL CERTAINLY CUT ESTIMATE OF 100 BILLION REAIS IN INVESTMENTS THROUGH 2029, SAYS ACO BRASIL PRESIDENT