Tag: Brazil

Pará-based steelmaker Sinobras' second expansion phase will to resolve a long-standing local demand with the construction of a metal-mechanic hub in the state, stated by the Head of State Industry, Commerce and Mining department (Seicom) David Leal. The Pará state government's studies for the effective implementation of Pará's metal-mechanic centre will be taken over in the next months.

IPP Group is pleased to announce the appointment of Jorge Lourenco as Sales Manager – South America effective immediately. Commenting on the appointment Rob Leacy Sales Director, IPP Group said, “Jorge’s appointment underpins the focal principles and objectives of the IPP Group, as we continue to put quality personnel into key positions to drive our business forward.

Metals commodity price behavior in late 2012 has led some analysts in Brazil to revise their forecasts for 2013, showing an overall 0.8% increase as compared to earlier estimates, which indicated a 4% drop, local press reported.

US-based aluminum giant Alcoa expects aluminum demand to increase 7% to 49.4Mt in 2013, up 1% from the 6% growth experienced in 2012, according to CEO Klaus Kleinfeld. The bump in global demand will be bolstered by an 11% expansion in demand from China, as well as strong growth from Brazil (3%), Russia (1%) and India (3%), Kleinfeld said during a conference call to discuss the company's financial results. The change in demand from North America and Europe should remain relatively similar to last year, with North America seeing a 4% increase in demand (equal to the 2012 growth figure) and European demand, which fell by 2% in 2012, declining by just 1% year-on-year in 2013. Globally, the company is looking at growth in all of its end markets this year, Kleinfeld said. As a result of the expected demand growth, Alcoa is projecting a 200,000t alumina deficit and a 535,000t aluminum surplus in 2013.

German conglomerate Siemens' IT and engineering subsidiary in Brazil, Chemtech has successfully ended a consultancy developed for Brazilian aluminum producer CBA, part of local conglomerate Votorantim, in the municipality of Alumínio, São Paulo state.

Brazilian crude steel production increased 2.4% to 2.8Mt in November according to the latest figures from the country's local steel industry association Instituto Aço Brasil (IABr). According to a statement released by the association, output of rolled products amounted to 2.2Mt in October 2012, up 10.1% from the same period the year before, and to 24.3Mt in January-November, a 4% increase from 2011.