ArcelorMittal Brasil sees strong domestic market; eyes exports

The recovery of the Brazilian domestic flat steel market appears to have peaked in recent weeks, but it is expected to continue strong through 2022, according to ArcelorMittal Brasil chief executive officer Benjamin Baptista Filho.

“We saw since last year a very strong recovery of the Brazilian manufacturing activity, especially from the agribusiness sector, and demand for steel rose in a sustained way,” he said during the inauguration of a water desalination plant at ArcelorMittal’s Tubarão facility on Monday September 13.

ArcelorMittal Tubarão, located in the country’s southeastern Espírito Santo...

Published

Felipe Peroni

September 13, 2021

21:54 GMT

São Paulo