Railway new legal framework to attract private investment to be voted

The new legal framework for railways is to be voted on by the Senate next week, with the promise of organising the sector’s framework and allowing new formats for attracting private investments. The project was born from the idea of ​​introducing the authorisation regime in the railway market. In it, it is the investor who takes his interest in building and operating a new line to the government, at his own risk and therefore with more freedom.

Source: 6 Minutos

Brazil Steel Institute estimates domestic sales to rise by 5.3% in 2021

The president of the Brazil Steel Institute estimates that domestic sales of this input will rise by 5.3% in 2021. According to the institute, Brazilian crude steel production is expected to close by 30.746 million tonnes by 2020, a 5.6% drop compared to last year. Domestic sales are expected to grow by 0.5% to 18,885 million tons this year.

Source: Valor Investe