The Brazilian metal business has witnessed notable shifts in early 2024, with crude metal manufacturing rising by 6.2% within the first quarter, reaching 8.3 million tons.
This development happens towards a backdrop of surging imports, significantly from China, which rose by 25.4% year-on-year to 1.3 million tons.
These imports have grown by an alarming 49.9% over the primary eleven months of the 12 months.
The impression of those imports is profound, affecting native manufacturing and employment.
Usiminas and different main
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