Up to 20% of Brazilian mills could be idled or sold in next few years

In Brazil, as many as 60 of Brazil’s smaller mills will be shut or sold during the next couple of years as market forces take a heavy toll. The figure accounts for about a fifth of the mills, squeezing out the less competitive units. As many as 10 of those mills won’t even crush during 2013/14 that starts in April due to financial difficulties.

Category: Fuels