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41 news items from Brazil. Show all
Vale has agreed to acquire a 30pct minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for around USD 190 mln. The transaction also includes an exclusive long-term offtake…
Vallourec has secured a contract from Subsea7 to supply carbon steel seamless line pipe and thermal insulation coating for Petrobras' Sepia 2 offshore project in Brazil's pre-salt Santos Basin. The contract covers…
Vallourec has broken ground on a new production line at its Serra facility in Espirito Santo, Brazil, dedicated to Proxxima resin systems with Goldilocks (GDLX) subsea thermal insulation technology. The project marks a…
ArcelorMittal Brasil has approved a BRL 4-5 bln (USD 0.7-0.9 bln) investment to install a cold rolling mill and continuous coating line at its Tubarao unit in Serra, Espirito Santo. The project will enable the company…
Vale and ABB have signed a strategic alliance to expand the use of automation, artificial intelligence (AI) and digitalization across Vale's iron ore operations in Brazil, aiming to improve safety, productivity and…
Vallourec has secured a contract from offshore engineering company Allseas to supply seamless carbon steel line pipes and thermal insulation coating for the Atapu 2 offshore oil and gas project in Brazil, developed by…
Vale has signed an agreement with Shandong Shipping Corporation for the construction of new ethanol-powered Guaibamax vessels, with deliveries scheduled from 2029. The deal includes 25-year contracts for two vessels…
Brazil's trade regulator Camara de Comercio Exterior (Gecex) has approved definitive antidumping duties on imports of cold-rolled and steel products from China, effective for up to five years from 18 February 2026…
Brazilian miner Vale SA reported its highest annual iron ore output since 2018, exceeding its production guidance for 2025. Vale's iron ore production rose 2.6pct YoY to 336 mln tons in 2025, above its guidance range of…
Vallourec has secured a major contract with Shell to supply OCTG products and services for Shell's offshore Orca project, formerly known as Gato do Mato. The agreement covers the supply of 12,000-15,000 tons of pipes…
Ternium S.A. announced that its subsidiary, Ternium Investments, has signed a share purchase agreement to acquire Nippon Steel Corporation and Mitsubishi Corporation's remaining stakes in the control group of Usinas…
Vallourec has secured a contract from TechnipFMC to supply over 20,000 tons of subsea seamless premium carbon-steel line pipes for the Orca project (formerly Gato do Mato), a major deepwater development in Brazil's…
Tenaris has won a contract from Petrobras to supply conductor and surface casing for the Pre-Salt and Equatorial Margin projects in offshore Brazil. The agreement, awarded through a global tender, will run from 2027 to…
Brazil's Minerios Itauna Ltda (Minerita) has awarded Metso the supply of key comminution equipment for its greenfield compact iron ore project in Itatiaiucu, Minas Gerais. The plant will target 4.5 mln tons per year of…
Vallourec, a global leader in premium seamless tubular solutions, has received a new order from Petrobras for more than 30 units of its Submagnetico Free Flow Oil Country Tubular Goods (OCTG). The equipment will be…
Vallourec, a global leader in premium seamless tubular solutions, has secured a major contract with Petrobras following a competitive bidding process. The long-term deal, running from 2026 to 2029, could generate up to…
Vale has signed a long-term contract of affreightment (COA) with South Korea's largest shipping company, HMM, worth KRW 430 bln (USD 310 mln). Under the deal, HMM will transport iron ore using five bulk carriers over a…
Tenaris has secured a contract to supply seamless line pipe and TenarisShawcor thermal insulation coatings for risers and flowlines in the Buzios 11 offshore development. Located 180 km off Rio de Janeiro in the Santos…
Tenaris announced a technical milestone in offshore Brazil with the successful use of corrosion-resistant alloy (CRA) tubulars featuring its Dopeless technology in two wells at the Buzios and Jubarte fields. Each well…
Primetals Technologies has inaugurated a state-of-the-art service workshop in Santa Cruz, Rio de Janeiro, aimed at enhancing maintenance and refurbishment support for Brazil's steel and industrial sectors. Strategically…
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