From April 2020 To The First Days Of February, The Value Of Steel That Usiminas Produces Rose By More Than 130%
After more than 100% growth from April to December 2020, Usiminas increased its products by another 15% in January and now in the first two days of February, announced another increase of 15%. In other words, in 32 days of 2021, the price of steel increased by 30% without involving any government or regulatory changes, such as CADE – Administrative Council for Economic Defense.
Check Out Other News Of The Day:
- BR Distribuidora Completes Purchase Of Targus And Enters The Electric Energy Market
- Petrobras Gets Approval From Cade And Acquires Total’s Stake In 5 Oil Blocks In Amazonas
- FPSO Carioca Chartered By Petrobras And Operated By Modec Arrives This Week At The Brasfels Shipyard For Integration
- Senai Opens More Than 500 Free Qualification Course Slots In Pará
- Bifacial Solar Panels Arrive In Brazil And Can Generate Up To 25% More Energy
Prices And Recovery From The Pandemic:
According to the current Minister of Economy, Paulo Guedes, there will be few companies left, but the prices of products and services will continue to put enormous pressure on inflation.
Guedes also says that the manufacturing industry, which produces the most common consumer goods in the market, is trying to recover from the crisis caused by the pandemic and now has another concern, the rising prices and the shortage of steel.
-
Italy is suffering from a labor shortage and is desperately seeking people with 500,000 job openings by 2028, creating an exclusive visa outside of quotas for descendant Brazilians, accelerating hiring with 164,000 already in 2026, and paving the way for immediate legal work in the country.
-
Tax reform: September is the deadline for 22 million companies under the Simples Nacional.
-
The Brazilian government and Spain signed a strategic agreement on critical minerals this week and accelerated plans to attract investments, dominate essential technologies, and position Brazil as a competitive hub in the new global economy.
-
Vietnam opens its market to Brazilian beef calves and grants access to a destination that has already imported over US$ 3.5 billion from the national agribusiness, expanding exports, reducing waste, and boosting slaughterhouses across the country.
Affecting More Sectors:
The market is so deregulated that there is no prediction for the delivery of products in the coming months. There is also a shortage of products in construction stores, such as steel and iron bars for slab construction, barbed wire, and even nails.
Another sector that has been impacted is the oil industry, which has suffered from rising prices and shortages. There is no delivery forecast. Without investment, some companies have already started laying off employees.

Seja o primeiro a reagir!