Manufacturers operate with low productivity due to the poor quality of the iron ore supplied to the sector
Despite the smaller participation compared to 2020, the exports are the destination of most of the production from the pig iron park in Minas Gerais. Shipments tend to return to pre-crisis, between 60% and 65% of the volume manufactured in 2021 compared to 72% last year.
The production of the pig iron industry in the state must surpass the 3.9 million tons registered in 2020, which was the best performance in the last 12 years. The president of Sindifer-MG, Fausto Varela Cançado said that the sector is working to grow at least 10% in 2021, but if it repeats the result of the last year, that will be a good performance.
On the other hand, manufacturers face problems with low productivity, caused by the poor quality of the iron ore supplied to the sector. The ore with higher content of iron is shipped overseas. (Diary of Commerce, 06/23/2021)