Tag: Brazilian steel

• Friday, July 29th 2022 - 19:02 UTC

  Brazilian steel exports to the EU soar 830% in five months because of the Ukraine war

  

  Brazilian steel industry sales have ballooned since the start of the war in Ukraine sparked by the Russian invasion of its territory, which began in February. According to Steel Institute data, shipments of the metal raw material to the European Union increased by more than 830% in the first five months of this year, y-to-y, coinciding with the period of warfare in Eastern Europe.