New Market Study Published: Brazil Metals Report Q4 2012
Metal consumption growth in Brazil will be driven by the construction sector in the coming years as infrastructure spending is ramped up. In particular, we highlight preparations to host the 2014 FIFA World Cup and the 2016 Olympic Games in Rio de Janeiro. We forecast steel consumption growth of 1.0% in 2012, before a pickup in subsequent years. Annual growth should average 5.6% over the 2012- 2016 period, buoyed by healthy infrastructure spending. We forecast infrastructure industry value to grow...
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