With more than half a century of history, Oxford Group has already operated in the coal and steel market. Now, it has expanded its operations to other sectors of the commodity market, starting from the United States. This strategic decision was not made at random; rather, it was based on a careful analysis of market trends and emerging opportunities. The petcoke and pig iron market, identified asvital components in various industries, presented themselves as areasof special interest.
This attraction led our board to consider these markets not only for their economic relevance but also for the existing gap in the marketingchannels. The board decided to turn these challenges into opportunities by exploring new approaches and forming strategic partnerships to optimize the process. Studies have indicated that the petcoke market was valued at $26.50 billion in 2022 and is expected to grow to $43.21 billion by 2030.
Brazil is one of the bigest exporters of Pig Iron to the USA
IN 2023 alone, USA imported from Brazil, approximately $ 1,2 Billion.
Oxford Minerals is a company created with the purpose of supporting the Pig Iron producing industry in Brazil. Its formation was strategic, aiming to strengthen Brazilian producers so they can conquer and thrive in the challenging United States market. The company bases its operations on three pillars:
Increasing efficiency in product distribution in the US, reducing costs, and enabling greater profitability.
Obtaining financing, creating favorable conditions for sustainable growth of operations.
Eliminating intermediaries and reducing costs.
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The industrial park of Minas Gerais, composed of 63 pig iron producing plants, has already produced 6.3 million tons in a year. Currently, 43 plants are in operation and the pig iron production in Minas Gerais represents 75% of the national production.
The pig iron production industrial park in Minas Gerais is located in the central part of the state, distributed across several municipalities around the capital, Belo Horizonte.
