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Why Brazil

Brazil is Latin America’s largest economy, with forecast GDP growth of 1.5% in 2012 and a rapidly growing population (currently approximately 200 million).

With US$830 billion committed to new infrastructure development ahead of the FIFA World Cup in 2014 and the Olympic Games in 2016, Brazil is undergoing an unprecedented phase of economic growth with the potential to rival China’s remarkable run up to the 2008 Olympics.

Brazil is already a Top 10 global steel producer, with annual production of 35-40Mtpa 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.