Wisco drops Brazil steel mill plans

Southern Brazil’s heavy flooding disrupts grain shipments, damages storage, threatens exports and impacts agriculture and the economy.

Global iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.

The new terminal will feature 21 pieces of advanced equipment designed to minimize consumption and emissions of polluting gases.

Total shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.

Before this order, Metso conducted the concept study and process test for the project. Basic engineering for the project is ongoing.

Designing and installing new equipment might grab the headlines. But just as important for manufacturers is regular maintenance and inspection of systems.