IABr CONFERENCE: Brazil's industry in ‘worst crisis’ ever, Baptista says

The Brazilian manufacturing industry, not only the steel sector, “is going through one of its worst crises”, IABr president Benjamin Baptista said on Sunday July 12.

The conclusion came amid an estimated reduction of 2% in Brazil’s gross domestic product (GDP) in 2015 compared with 2014, when the local economy increased by only 0.1%. The manufacturing sector...


Ana Paula Camargo

July 13, 2015

16:20 GMT

São Paulo