Brazilian Steel

A trainload of Iron Ore rolls into the Companhia Siderurgica de Tubaro (CST) in Serra, an industrial suburb of Vitoria in Brazil's coastal Espirito Santo state, Tuesday, March 11, 2003. The train brings in raw materials from neigboring Minas Gerais state and CST exports semi-finished steel (slabs) from a nearby port, earning a 20 percent share of the world market. The company, which began operations in 1983 and was privatized in 1992, also recently inaugurated a "hot strip" mill as well for the domestic market. California Steel Industries is one of the partners along with Brazilian and Japanese investors. 49 percent of their slab exports go to North America while 23 percent go to Europe, 21 percent to Asia and seven percent to South America. With low production costs and huge reserves of iron ore, Brazil replaced Mexico as the number 2 US steel supplier in 2002, after Canada. (Australfoto/Douglas Engle)

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A trainload of Iron Ore rolls into the Companhia Siderurgica de Tubaro (CST) in Serra, an industrial suburb of Vitoria in Brazil's coastal Espirito Santo state, Tuesday, March 11, 2003. The train brings in raw materials from neigboring Minas Gerais state and CST exports semi-finished steel (slabs) from a nearby port, earning a 20 percent share of the world market. The company, which began operations in 1983 and was privatized in 1992, also recently inaugurated a "hot strip" mill as well for the domestic market. California Steel Industries is one of the partners along with Brazilian and Japanese investors. 49 percent of their slab exports go to North America while 23 percent go to Europe, 21 percent to Asia and seven percent to South America. With low production costs and huge reserves of iron ore, Brazil replaced Mexico as the number 2 US steel supplier in 2002, after Canada. (Australfoto/Douglas Engle)

brazil tubarao steel slab industry CSN