Brazil casting export market is expected to resume its historical level in 2020/2021.

Brazil’s casting output reached 2 million 315 thousand tons, achieving a sales revenue of US $7 billion 500 million. Last year’s forecast became a reality. According to Afonso Gonzaga, President of Brazil Foundry Association, the goal of 2018 was to increase production from 12% to 15%. As statistics show, Brazil’s foundry industry continues to grow, and the external market has seen Brazil as a potential supplier.
The association has seen the interests of Chinese foundry enterprises. “Starting quotation is a new moment for Chinese foundry enterprises to understand us,” Gonzaga said. The development of Chinese foundry enterprises is hindered by the restriction of environmental protection requirements. The government’s support has alleviated the tax burden and bureaucracy of Brazil enterprises, and it is really conducive to the development of the industry. Moreover, we can compete fairly with Chinese enterprises in the international market in the short term. I have always believed that the Chinese market is a good opportunity, not a threat, as long as the relevant mechanisms are set up to provide market competitive conditions for Brazil enterprises. CITICIC is mainly engaged in the designing and manufacturing of large machinery components and non-standard machinery parts,including shafts,gears sprockets,sheaves,couplings,bearing supports,castings and forgings etc.the products are mainly used in the fields of mining,petroleum,cement,steel mill,power plant,sugar factory etc.the material of products can reach more than one hundred types,which can meet different national standards.

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Post time: Jun-10-2017
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