You are here: Home > Steel News > Latest Steel News > Study:...

Study: Wealthiest Brazilian cities linked to iron ore production

Thursday, 04 January 2024 23:40:23 (GMT+3)   |   Sao Paulo
       

A study unveiled by the Brazilian geography and statistics institute (IBGE) indicates that, among the 10 cities with highest gross domestic product (GDP) per-capita, five have iron ore production as the main economic activity.

Catas Altas, in the southeastern state of Minas Gerais, had in 2021 the highest indicator, equivalent to $187,000 per habitant, hosting operations of the miner Vale.

In the second position, Canaã dos Carajás, located in the northern state of Pará, had $182,000 GDP per capita, also hosting operations of Vale.

In the third position, São Gonçalo do Rio Abaixo, in the state of Minas Gerais, also hosts operations of Vale and a GDP per capita equivalent to $139,600.

The fourth position is held by Itatiaiuçu, in the state of Minas Gerais, hosting mining operations of Usiminas and ArcelorMittal, with a GDP per capita equivalent to $124,600.

In the sixth position, Conceição do Mato Dentro, in the state of Minas Gerais, host mining operations of Anglo American, with a GDP per capita of $105,900.


Similar articles

Level of confidence among Brazilian industrial entrepreneurs declines in November

27 Nov | Steel News

Brazil was a net importer of finished steel products in October

25 Nov | Steel News

Brazilian high-grade iron ore price increases slightly from last week

25 Nov | Scrap & Raw Materials

Rebar export price declines in Brazil during the last four weeks

22 Nov | Longs and Billet

Brazilian crude steel production increases in October

22 Nov | Steel News

Ex-Brazil BPI prices stable amid slow trading and bearish mood but high costs

22 Nov | Scrap & Raw Materials

Reference price maintains stability for Brazilian slabs exports

21 Nov | Flats and Slab

Gerdau assumes full control of Brazilian subsidiary

21 Nov | Steel News

Brazilian high-grade iron ore price increases from last week

20 Nov | Scrap & Raw Materials

Price stable in four weeks for Brazilian HDG exports

20 Nov | Flats and Slab