Steel industry news headlines - South America.

Steel News - South America

Steel industry headlines from Latin America

Could Steel Tariffs Slow The 100% Renewable Movement
Thu, 15 Mar 2018 17:38:00 GMT
Immediately, gasps rang out across the markets we import more steel and aluminum from Canada than from anyone else. The next three biggest suppliers are all our allies Brazil, South Korea and Mexico. China, the real target of Trumps ire ...

Analysis: US steel tariffs set to buffet Atlantic Supramax market
Thu, 15 Mar 2018 16:32:00 GMT
The US imports vast quantities of slab steel from Brazil, rebar from Turkey and heavy section steel, rebar and merchant bar steel from the UK-Continent, all of which are likely to be displaced by US production as a result of the 25% tariff. Although ...

US steel tarriffs a violation of WTO guidelines: VSA
Thu, 15 Mar 2018 02:16:00 GMT
In particular, we have to compete with countries that have geographical proximity to the US, such as Brazil, Canada and Mexico, as a result of which their costs of transporting goods to the US is cheaper, making their steel prices more competitive.

President Temer Outlines Brazils Reaction To US Steel Tariffs
Wed, 14 Mar 2018 21:58:00 GMT
Michel Temer, President of Brazil, outlined his countrys reaction to the United States announcement of higher import tariffs for steel and aluminium last week. Brazil is expected to be one of the countries most affected by the move. Brazil is ...

Brazil to Discuss with U.S.A Increased Tariffs on Steel and Aluminum
Wed, 14 Mar 2018 21:36:00 GMT
15 de marzo de 2018, 00:29Brasilia, Mar 15 (Prensa Latina) Brazil said today that it will discuss with the United States the decision of U.S. President Donald Trump to increase tariffs on steel and aluminum imports, a measure that will damage Brazil.

Trump, tariffs and a glint of hope in Steel Town USA
Wed, 14 Mar 2018 17:44:00 GMT
When both our rolling mills are at full capacity we cant produce enough billets lengths of steel prepared for final manufacturing to supply both of them, and we need to buy billets from sister companies, including a Vallourec subsidiary in Brazil.

Brazil's Temer to call Trump over steel tariffs
Wed, 14 Mar 2018 14:32:00 GMT
Brazilian President Michel Temer said Wednesday he intends to call President Donald Trump to complain about plans for US tariffs on imports of foreign steel and aluminum -- and warned of WTO action. Very soon I will call President Trump, including to ...

US steel tariff irrelevant to CSN sales, Brazilian mill says
Wed, 14 Mar 2018 12:37:00 GMT
The 25% import tariffs on steel products imposed by the United States government will have a minimal effect on exports by steelmaker CSN but could disturb the domestic market in Brazil, the flat steel producer said on Wednesday March 14. The company ...

US steel tariffs split business between delight and outrage
Wed, 14 Mar 2018 04:51:00 GMT
Yet while the president exempted neighbours Canada and Mexico, which together accounted for a quarter of US steel imports in 2017, the countries likely to suffer most are allies such as the EU, Brazil, South Korea and Japan. President Trumps initiative ...

Could Trump tariffs damage US steel
Wed, 14 Mar 2018 04:17:37 GMT
For aluminium, it's 42%. That still leaves a lot of metal potentially affected by the tariffs. For steel, the biggest supplier not yet exempted is Brazil, followed by South Korea and Russia. The UK comes in 17th, with several other European countries in ...

Anglo American faces disruption in Brazil
Tue, 13 Mar 2018 13:22:00 GMT
The London-listed miner said iron ore pulp, a non-hazardous waste ... Miners are facing increased scrutiny in Brazil where memories of the 2015 Samarco disaster, which killed as many as 19 people, are still fresh. A ruptured tailings dam at a mine operated ...

Anglo Americans Ruptured Pipeline Is 2nd Mine Incident in Brazil ...
Tue, 13 Mar 2018 07:35:00 GMT
Anglo American Plcs Brazilian iron-ore mine suffered operational delays after a pipeline ... In November 2015, a rupture at Samarco Mineracao SAs tailings dam sent billions of gallons of sludge into a river valley. The spill killed as many as 19 ...

Anglo American says no-one harmed in rupture at Minas Rio
Tue, 13 Mar 2018 02:19:00 GMT
In November 2015, a rupture at the tailings plant at Samarco Mineracao SAs killed as many as 19 people and devastated the region. The operation is jointly owned by BHP and Vale, Brazils state-owned iron ore and coal company. Anglo American recently ...

China shrinks steel industry slowly, drawing Western ire
Mon, 12 Mar 2018 23:00:00 GMT
Chinese authorities say they shut down 30 million tons of steel production capacity last year. That cut alone is equal in size to the annual output of the No. 9 producer, Brazil, but only a sliver of Chinas 800 million tons. Beijings goal is to make ...

Vale Deleveraging Rapidly While Capex Lifted On Cyclical Pressures
Mon, 12 Mar 2018 22:18:00 GMT
Vale is a global miner of iron ore and pellets. It also produces raw materials ... Mineracao Rio do Norte ($108 million) and Companhia Siderurgica do Pecem ($398 million). Reducing other cash outflows such as Samarco payments, REFIS (potential for ...

Investor alarm over Grange Resources' plan to diversify into ...
Mon, 12 Mar 2018 22:10:00 GMT
Ironically, Savage River's iron ore has rarely been in more demand; the pellets and concentrate produced by the mine have been in short supply globally since BHP's Samarco operation was disrupted by a dam failure in 2015. The 65 per cent iron content in ...

How big of an economic threat are Trump's steel and aluminum ...
Mon, 12 Mar 2018 12:50:54 GMT
Economists from Bank of America Merrill Lynch released a list of top ten exporters of steel and aluminum to the U.S.that were most likely to retaliate to the new tariffs. The EU topped the list, followed by Brazil, South Korea, China and then Japan.

Trumps higher steel duty potential bane to BBB
Mon, 12 Mar 2018 09:00:00 GMT
It imports steel and aluminum from over 110 countries and territories, of which the top sources are Canada, Brazil, South Korea, Mexico, Russia, Turkey, Japan, Taiwan, Germany and India. It also imports from China, Thailand, South Africa and the United ...

The U.S. States Most Reliant On Steel Imports Infographic
Sun, 11 Mar 2018 17:53:00 GMT
Even so, the impact could still prove severe in certain places with many states counting on a longer list of countries to meet their steel needs. Illinois is a good example, relying on Brazil for 41 percent of its steel and China for 29 percent of its ...

How new tariffs on steel and aluminum could affect auto prices
Sun, 11 Mar 2018 03:04:00 GMT
Baoshan Iron & Steel was down around 3 percent, while Hesteel and Beijing Shougang were down less than 1 percent. Brazil, the second-largest exporter of steel to the USA, is also the largest importer of US metallurgical-grade coal to fuel the steelmaking ...

Number of news reports: 20

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