Shortages And High Prices – Steelmakers Impact Not Only The Oil Industry, But Also Auto Manufacturers

Written by Roberta Souza

Published on 14/12/2020 at 17:39

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Steel Mills Have Increased Prices by More Than 100% Since the Beginning of the Pandemic, Prioritizing Exports and Impacting the Oil Industry

Since April, the largest steel mills in Brazil have increased steel prices by more than 100% and, due to the rise of the US dollar, have prioritized the external market. Last week, the National Association of Motor Vehicle Manufacturers (ANFAVEA) attempted to negotiate with the steel mills producing flat steels but backed out, stating that there are no supplies. The same situation occurred in the oil and gas sector.

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Shortages And High Prices – Steelmakers Impact Not Only The Oil Industry, But Also Auto Manufacturers

Steel Mills Have Increased Prices by More Than 100% Since the Beginning of the Pandemic, Prioritizing Exports and Impacting the Oil Industry

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Shortages And High Prices – Steelmakers Impact Not Only The Oil Industry, But Also Auto Manufacturers

Steel Mills Have Increased Prices by More Than 100% Since the Beginning of the Pandemic, Prioritizing Exports and Impacting the Oil Industry

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Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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