Minas Gerais shows steel in pandemic recovery

Home to Brazil's largest number of steel mills, Minas Gerais has been able to mitigate negative effects of the pandemic amid rising iron ore prices

Minas Gerais shows steel in pandemic recovery
Photo: Steel mill. Photo: T photography/Shutterstock

An integral part of countless industrial productive chains in Brazil, the country’s major steel mills are seeing an increase in demand, largely boosted by clients in civil construction, vehicle manufacturers, infrastructure works, and agricultural machinery.

Over a year since the sudden setback caused by the coronavirus pandemic — which saw orders dry up, furnaces switch off, and production take a nosedive — mills have now returned to pre-pandemic levels.

In January, the sector saw its best result since October 2013 in production and sales, while apparent consumption hit heights last seen in March 2015, according to

Access all of The Brazilian Report

Less expensive than a coffee!

Enjoy your 30-day limited-time offer for US$ 0.25 a week