Elizabeth Johnson

Managing Director, Brazil Research

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Recent Brazil research

* Brazil: The war ahead, Grace Fan, Elizabeth Johnson, 17 Mar 2017
* Brazil: Tremors ahead of Janot’s new list, Grace Fan, Elizabeth Johnson, 10 Mar 2017
* Brazil: Infrastructure agenda gains traction, Grace Fan, Elizabeth Johnson, 23 Feb 2017
* Brazil: Consumer recovery still on hold, Elizabeth Johnson, Grace Fan, 16 Feb 2017
* Brazil: Temer nominates close ally as Supreme Court justice, Elizabeth Johnson, Grace Fan, 9 Feb 2017

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Steel demand will be driven by consumer and infrastructure spending in the medium term

Overview

Brazilian steel consumption will reach an all-time high of 25 million tonnes in 2010, a 34.5 per cent year-on-year increase driven by consumer demand for domestic appliances and automobiles and record-high mortgage growth. We believe that infrastructure projects to be undertaken ahead of the 2014 FIFA World Cup and the 2016 Rio Olympics, new rail investments and subsalt oilfield development will increase annual steel demand by nearly 8 million tonnes between 2010 and 2016. Despite...

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