Brazil Steel Use to Grow in 2013 on World Cup, ArcelorMittal Says
10/30/2012 - Brazil’s steel demand will grow at least 5% next year as the government prepares Rio de Janeiro for the 2014 soccer World Cup and the 2016 Olympic Games, ArcelorMittal says, according to Bloomberg Businessweek.
Brazil’s steel demand will grow at least 5% next year as the government prepares Rio de Janeiro for the 2014 soccer World Cup and the 2016 Olympic Games, according to ArcelorMittal.
There is pent-up demand for steel used in stadiums and other public works because some projects are behind schedule for the two sporting events, Benjamin Baptista, who heads the Brazil unit of the world’s largest steelmaker, said in an interview with Bloomberg Businessweek in Santiago...
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