Steel Price Produced by Usiminas Rises 30% in Just 32 Days This Year

Written by Roberta Souza

Published on 03/02/2021 at 15:45

Forno da Usiminas – produção de aço

Be the first to react!

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:

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.

ARTICLE CONTINUES BELOW

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.

Steel Price Produced by Usiminas Rises 30% in Just 32 Days This Year

From April 2020 To The First Days Of February, The Value Of Steel That Usiminas Produces Rose By More Than 130%

Check Out Other News Of The Day:

Prices And Recovery From The Pandemic:

Affecting More Sectors:

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Comet 3I/ATLAS comes from outside the Solar System, carries “heavy” water at an unprecedented level, and leaves scientists intrigued about where this alien visitor truly originated.

Mr. Jayr, at 78 years old, lives high up in the Serra do Condado, where he was born with 13 siblings. He produces milk, makes award-winning artisanal cheeses, and preserves a family tradition marked by hard work, faith, and love for the land.

While refrigerators and air conditioners still rely on gases that can leak, a Cambridge startup raises $10 million to create refrigeration with plastic crystals that cool when squeezed.

The solar-powered electric tricycle that carries 272 kilograms of cargo like a truck and requires no license, registration, or insurance already functions as a utility delivery vehicle, coffee on wheels, and a mobile farm base, without spending a liter of fuel.

Steel Price Produced by Usiminas Rises 30% in Just 32 Days This Year

From April 2020 To The First Days Of February, The Value Of Steel That Usiminas Produces Rose By More Than 130%

Check Out Other News Of The Day:

Prices And Recovery From The Pandemic:

Affecting More Sectors:

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

The country records its first surplus in six months and hits an all-time export record, with oil and gold sharply rising, while the Middle East crisis triggers inflation in the United States and redraws the map of global energy trade.

Coinbase announces mass layoff of 700 employees, cuts 14% of staff amid AI wave and leads the crypto giant with operations in Brazil to a billion-dollar restructuring.

New import rule raises the quota to 50% in Dionísio Cerqueira, draws more trucks to the border with Argentina, and could unlock R$ 650 million in the Far West of SC

Electronic waste turns into gold for a Brazilian company: with a 100,000 m² factory and an investment exceeding R$ 100 million, the company recycles up to 300 tons per day and transforms scrap into a billion-dollar business expanding in Latin America.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Comet 3I/ATLAS comes from outside the Solar System, carries “heavy” water at an unprecedented level, and leaves scientists intrigued about where this alien visitor truly originated.

Mr. Jayr, at 78 years old, lives high up in the Serra do Condado, where he was born with 13 siblings. He produces milk, makes award-winning artisanal cheeses, and preserves a family tradition marked by hard work, faith, and love for the land.

While refrigerators and air conditioners still rely on gases that can leak, a Cambridge startup raises $10 million to create refrigeration with plastic crystals that cool when squeezed.

The solar-powered electric tricycle that carries 272 kilograms of cargo like a truck and requires no license, registration, or insurance already functions as a utility delivery vehicle, coffee on wheels, and a mobile farm base, without spending a liter of fuel.