Ford Brasil Ltda. says it is importing steel from the U.S. and Europe in an effort to counter steep hikes in the price of Brazilian steel, which has risen 72% in the past year. The first lot, between 5,000 and 7, 000 tons (4,536-6,350 t), will arrive in the Port of Camacari Bahia or Santos in mid-April. Other manufacturers are taking price quotes from international steel manufacturers and are analyzing the total cost of importing the product. The imported steel will cost Ford 30%-40% ...
Premium Content (PAID Subscription Required)
"Ford Brazil Imports Steel in Response to Price Spike" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.