Aperam suspends new investments in Brazil due to excess steel imports
December 8, 2023 Comments Off
Stainless and electrical steelmaker Aperam has suspended the third phase of its investment plan in Brazil, scheduled for the 2024-25 biennium, due to excess imported steel and the drop in sales in the region. “We tried in every way to prevent the suspension of our long-awaited investment in the Timóteo plant… but there is a surplus of steel in the…
Aperam suspends new investments in Brazil due to excess steel imports
Stainless and electrical steelmaker Aperam has suspended the third phase of its investment plan in Brazil, scheduled for the 2024-25 biennium, due to excess imported steel and the drop in sales in the region. “We tried in every way to prevent the suspension of our long-awaited investment in the Timóteo plant… but there is a surplus of steel in the…
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