Brazil Metals Report Q4 2014

Date: October 8, 2014
Pages: 59
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF), Download

Download PDF Leaflet

Includes 3 FREE quarterly updates

BMI View: Refined metal production and consumption in Brazil will see accelerating growth in the years ahead on the back of expansion in Brazil's automotive, construction, and infrastructure sectors. However, the coming quarters will remain challenging owing to weak economic growth marked by subdued private consumption and fixed-asset investment.

Stronger Sector Performance In Latter Half Of Decade

We expect metals consumption and production to face headwinds in the coming quarters on account of modest economic growth (see ' Slow Growth Here To Stay,' September 9). We forecast real GDP growth of just 0.7% in 2014 and 1.5% in 2015 on the back of sluggish private consumption, subdued fixed asset investment, and a weak business environment. Moreover, electricity costs remain elevated, raising costs for the energy-intensive metals industry. Nevertheless, our multi-year outlook towards Brazilian economic growth is more constructive, as we forecast solid growth in the automotive, construction, and infrastructure sectors. We therefore expect metals demand, and hence production, to accelerate in the latter half of the decade.
BMI Industry View
Stronger Sector Performance In Latter Half Of Decade
Metals SWOT
Industry Forecast
Steel: Consumption And Production To Grow At Moderate Pace
Consumption Facing Multi-Quarter Weakness
Production To Exceed Domestic Demand
  Table: Steel Production & Consumption (Brazil 2010-2018)
  Table: Steel Industry Historical Data (Brazil 2005-2012)
Aluminium: Production To Face Multi-Quarter Headwinds
Electricity Prices To Reduce Production
Consumption Growth To Outpace Production
  Table: Aluminium Production & Consumption (Brazil 2010-2018)
Copper: Stronger Growth In Years Ahead
Consumption To Outpace Production Capacity
  Table: Refined Copper Production, Consumption & Balance (Brazil 2010-2018)
Regulatory Development
Tax Regime
Corruption To Persist
  Table: Brazil - Political Overview
Commodities Forecast
Commodity Strategy
Ferrous Metals:
Non-Ferrous Metals:
Aluminium: Prices To Remain Elevated Following Recent Dip
Copper: Chinese Weakness To Create Further Headwinds
Nickel: No Sustained Rally Ahead
Zinc: Subdued Short-Term Outlook Before Multi-Year Gains
  Table: Select Commodities - Performance And BMI Forecasts
Steel: Prices To Head Higher From 2016
  Table: BMI Steel Price Forecast
Short-Term Outlook (three-to-six months)
Long-Term Outlook
Production: Chinese Rationalisation Measures To Bite
Consumption: Slowing Demand Growth On The Horizon
Burgeoning Chinese Exports Will Not Last
Eurozone Growth Downgrade Highlights Long Road To Recovery
Risks To Price Forecast
  Table: Steel Data & Forecasts
Competitive Landscape
  Table: Financial Data For Key Metals Firms Listed In Brazil
Energy Costs To Prove Problematic
Company Profile
Latest Financial Results
  Table: Gerdau - Key Financial Data
Cia Siderúrgica Nacional
Latest Financial Results
  Table: CSN - Key Financial Data
Company Overview
Company Strategy
Latest Results
  Table: Vale - Supply Chain Analysis
  Table: Vale - Key Financial Data
Company Details
Cross Checks
Skip to top

Brazil Metals Report Q1 2015 US$ 1,295.00 Jan, 2015 · 56 pages
Brazil Metals Report Q3 2012 US$ 1,175.00 Aug, 2012 · 34 pages
Brazil Metals Report Q2 2014 US$ 1,295.00 Mar, 2014 · 58 pages
Metals & Mining in Brazil US$ 350.00 Jan, 2016 · 44 pages

Ask Your Question

Brazil Metals Report Q4 2014
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: