Jaway Stainless Steel

Stainless Steel Market In Sao Paulo

    Mr Carlos Figueira is a Corporate sales and project manager in one company. The company is anticipating huge demand from the country's oil and gas sectors, since Brazil will be making large investments in these industries. The company also supplies parts for machinery and equipment used in the agriculture, chemical and petrochemical industries, as well as supplying automotive and motorcycle producers.

    He told BNamericas that the move is part of the company's strategy to increase and diversify its product portfolio. BNamericas reported that Brazilian steel products distributor Acotubo has started operations at a second unit in Sao Paulo state with a focus on the stainless steel bar market. He added that "In addition to steel and tubes in general, the new unit will house the stainless steel and anchoring system divisions. We will also produce, as a novelty, an extensive carbon-steel connections line at the plant."

    The group is expecting 2012 revenues to reach BRL 1 billion, which is double what it sold two years ago.