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Why Brazil

Brazil is Latin America’s largest economy, with forecast GDP growth of around 2% in 2015, and a projected GDP growth rate of 2.8% to 2030. The nation has a rapidly growing population, which currently stands at approximately 200 million people and is forecast to increase to 212 million by 2030.

Brazil is already a Top-10 global steel producer with annual production of 30-35Mtpa, predominantly from the South-East region of the country.

Brazil is also one of the world’s largest iron ore producers, with annual exports of over 300Mtpa.

 

http://www.tradingeconomics.com/brazil/forecast