Long steel demand, pricing in Brazil to recover in H2; price increases possible in September: AVB exec

Brazilian steelmaker Aço Verde do Brasil (AVB) anticipates that long steel demand and pricing will rebound in the country in the second half of 2023, after a challenging first half pressured by a falling dollar, rain and imports, investor relations manager Vinícius Ribeiro told Fastmarkets in an interview on Friday August 18.

After facing a first half with sales pressured by competition from imports, political uncertainties in Brazil, the dollar falling and voluminous rain, AVB, which makes steel billet, rebar and wire...


Gabriela Brumatti

August 22, 2023

15:36 GMT

São Paulo