Representatives of Brazil’s steel association, IABr, met this week with the nation’s vice-president, Michel Temer, in a move that could help the struggling sector find some help if president Dilma Rousseff is impeached.
According to IABr representatives, the nation’s steel industry could eventually have more conditions to dialogue with the government if Temer assumes the office as Brazil’s interim president, as the impeachment process is approved in Brazil’s Senate.
During the meeting, the executives updated Temer regarding the situation Brazil’s steel industry currently faces.
Questioned by journalists about the measures Brazil could take to protect its domestic industry, an IABr executive said the country is already “well instrumentalized” in terms of processes to analyze AD practices. The problem, however, continues to be the excess of steel capacity by China.