[Ferro-Alloys.Com]It is reported that according to ArcelorMittal, Brazil’s steel demand will grow at least 5% percent next year as the government prepares Rio de Janeiro for the 2014 soccer World Cup and the 2016 Olympic Games. Mr Benjamin Baptista head of ArcelorMittal Brazil said in an interview in Santiago that “There is pent up demand for steel used in stadiums and other public works because some projects are behind schedule for the two sportingevents. Things are this point are somewhat delayed. We will see better volumes next year.” He said “Brazilian steel consumption will grow between 5 % and 6% in 2013 after almost stagnant growth this year.”

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