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South America News

13May
CSN raises first-quarter sales despite slab production drop

Brazil’s CSN saw first-quarter slab output fall 9.4% quarter-on-quarter to 895,000 tonnes. A year earlier it …

12May
Brazil cuts rebar import tax

Brazilian authorities have cut the tax on rebar imports to 4% from the previous level of 10.8%, …

9May
Gerdau maintains positive outlook for Brazilian market

Gerdau expects actual steel demand in Brazil to recover 4% y-o-y this year, supported mainly by …

6May
North America drags down Gerdau shipments, earnings rise

Gerdau’s steel shipments fell 1% on-year in the first quarter to 3.06 million tonnes, although crude …

29Apr
Pig iron sentiment softens amid lack of deals

Global merchant pig iron trade remains on hold, amid slowly but surely declining value indications.

Although …

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