Steel: industry projects investment of BRL 52 billion by 2026

2023-08-25 17:26:19

The Brazilian steel industry foresees investments of R$ 52 billion until 2026. Brazil Steel Institutewhich indicated that a large part of these contributions should be allocated to technological innovations and actions that make it possible for companies to comply with climate change targets.

National production ranked 9th in the world ranking of producers in 2021 – the leadership was China, with more than 1 billion tons reached. Three segments of steel tubes represent more than 80% of steel consumption in the Brazilian market: civil construction (41.2%), automotive (21.3%) and capital goods (19.6%).

“This investment demonstrates confidence in the economy and in the growth potential of the Brazilian steel industry. The resources can boost the modernization of factories, increase production capacity and improve the country’s competitiveness”, believes Adilson Reis, managing partner of Metalon Steel Tubes.

A sector of the economy that demands products from the national steel industry is agribusiness, which uses steel pipes in irrigation systems, construction of structures for storing and transporting water, pipes for distributing fertilizers and pesticides, support for greenhouses and sheds, among others. equipment.

“The investments projected in the industry may result in greater production capacity, improvement in product quality and cost reduction. This can benefit the agricultural sector, facilitating access to better quality steel tubes at more competitive prices,” says Reis.

Still according to the managing partner of Metalon Tubos de Aço, the expansion of irrigated areas, the modernization of production systems and agricultural infrastructure are some of the factors that contribute to the increase in the need for steel tubes.

Reflection in other sectors

A possible heating up of the steel industry would imply investments in infrastructure, civil construction and public works, which could boost the demand for steel materials, including steel bars, profiles, plates and other products. As a result, it would benefit the production chain as a whole, from steel manufacturing to the production of components and structures used in these areas.

“The search for greater efficiency, sustainability and better quality products can boost investments in research and development, resulting in technological advances that benefit the entire industry”, says Reis.

In addition, there is the prospect of an impact on job creation, with the creation of new jobs, both direct and indirect.

To learn more, just go to: www.metalon.com.br

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