Steel industry news headlines from South America..

Miner sued for 5bn over Brazil disaster that killed 19
Tue, 21 Jul 2020 17:24:00 GMT
A court case will open today in Manchester on behalf of more than 200,000 Brazilians, who are suing BHP for up to 5 billion over the Samarco dam disaster.The giant miningcompany is accused of


Increase in Chinese rebate poses a threat to Latin American steel
Wed, 24 Jun 2020 00:00:00 GMT
A measure which strengthens the Chinese steel industry in the post-pandemic scenario generates unfair competition, leading to a downturn in Latin American industry and a job


Tenaris Gets $172M Venezuela Award Enforced In DC
Wed, 17 Jun 2020 17:28:00 GMT
A D.C. federal judge declined Wednesday to hold off on enforcing a more than $172 million award issued against Venezuela to Tenaris SA, leaving it up to the U.S. Treasury Department to decide whether


Australian economy and miners to profit from Brazil's coronavirus ...
Sun, 07 Jun 2020 21:33:00 GMT
A Brazilian court has ordered mining giant Vale to close three of its mine sites after 188 workers were infected with coronavirus, a decision which is likely to benefit Australia's economy and its


OTC Exchanges Help Thwart $5M Bank Heist in Brazil
Sun, 10 May 2020 13:49:00 GMT
A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks ...


Gerdau scaling back at St. Paul steel mill, will lay off hundreds
Sat, 02 May 2020 02:35:00 GMT
A Gerdau steel mill in St. Paul will drastically downsize starting in June, a move that will eliminate the jobs of about 250


Trump Widens Steel, Aluminum Security Tariffs
Sat, 25 Jan 2020 07:40:00 GMT
A number of major producers earned a reprieve from the abrupt tariff expansion. Argentina, Australia, Canada and Mexico were exempted from both the aluminum and steel duties, while Brazil and South


Libra Mero consortium lets first contract for steel tube umbilicals ...
Thu, 23 Jan 2020 08:29:00 GMT
A consortium led by Petroleo Brasileiro SA (Petrobras) has let a contract to Prysmian Group for steel tube umbilicals to be installed in Mero oil field offshore Brazil in the northwestern Libra area


Brazilian Steel Sees 2020 As Turning Point For Demand
Mon, 30 Dec 2019 10:55:00 GMT
A possible positive surprise could come from higher production volumes in the auto industry. The construction industry responsible for 34% of steel consumption in Brazil was hit by a strong


U.S. says no decision on Brazil, Argentina metal tariffs
Wed, 11 Dec 2019 01:50:00 GMT
A senior White House official said on Tuesday that the Trump administration hasn't made a decision about reimposing tariffs on steel and aluminum imported from Brazil and Argentina. American economy



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