Brazil Metals Market Report Q1 2013

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Brazil Metals Report Q1 2013 Feb 6th 2013, 00:00 BMI View: Metal consumption growth in Brazil will be driven by the automotive, construction andinfrastructure sectors in the coming years as investment under Brazil''s Growth Acceleration Program isramped up throughout 2013 and 2014. In particular, we highlight preparations to host the 2014 FIFA WorldCup and the 2016 Olympic Games in Rio de Janeiro. We foresee strong metals demand growth on the backof our forecast for 3.9% economic growth on average per annum from 2013 to 2017.We believe metals demand should remain strong in the coming years. We forecast construction industryvalue to grow an average of 5.7% over the 2013-2017 period, and infrastructure industry value ...

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