AVB - Aço Verde do Brasil

What AVB - Aço Verde do Brasil does

AVB - Aço Verde do Brasil S/A is a Brazilian producer of long steel products, privately held and operating as the steelmaking arm of the Ferroeste Group. Founded in 2009 and commencing commercial operations in December 2015, the company runs an integrated mill in Açailândia, Maranhão, with 600,000 mt/year of long steel rolling capacity and 858,000 mt/year of crude steel capacity within an industrial park that is part of a 1.7 million ton regional pig iron cluster. Its product portfolio comprises wire rod (Fio Máquina, 5.5-16mm), weldable ribbed rebar in CA-50 (bar and roll) and CA-60 grades, square steel billets (130x130mm and 150x150mm) from continuous casting, and surplus industrial air gases (oxygen, nitrogen, argon) from an on-site air separation unit.

The company's production technology is differentiated by a charcoal-based Basic Oxygen Furnace (BOF/LD) route using eucalyptus charcoal in place of coking coal, combined with renewable hydroelectric power and process gas reuse. It is vertically integrated upstream into 50,000 hectares of planted eucalyptus forests, which supply the charcoal feedstock and act as a carbon sink, enabling a verified carbon intensity of negative 0.04 mt CO2 per ton of steel in 2020 versus a world average of 1.88 mt CO2 per ton — a profile that earned AVB SGS certification as the first carbon-neutral steel producer. The company is developing a proprietary charcoal carbonization furnace (patent filed/pending) intended to supply 100% of charcoal needs internally.

AVB operates a B2B direct-sales model with quote-based pricing across multi-year contracts, no disclosed channel partners or distributors, and customers segmented across civil construction (rebar for reinforced concrete), steel processing/manufacturing (low-residual wire rod for fine wire drawing below 2mm, AVB 1006 grade), agriculture (wire applications), and industrial gas buyers (chemical, pharmaceutical, food, metallurgical, hospital). The company markets primarily through its corporate website, industry events such as Concrete Show 2023, and a dedicated investor relations portal (ri.avb.com.br). Certifications include ResponsibleSteel, ISO 9001:2015, ISO 14001:2015, ISO 45001, GHG Protocol (2018-2025), PEFC forest management, NBR 16001:2012, and ABNT NBR 7480:2007 for rebar products. The company is led by CEO Ricardo Carvalho and reports a 2022 profit of R$146 million according to Valor Econômico (profit figure, not revenue).

Name

AVB - Aço Verde do Brasil

Legal name

Aço Verde do Brasil S/A

Website

https://avb.com.br

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

AVB is a Brazilian long steel producer and Ferroeste Group subsidiary that operates a 600,000 mt/year integrated mill in Açailândia, Maranhão, using eucalyptus charcoal and renewable hydroelectric power to deliver wire rod, rebar, steel billets, and industrial gases with verified carbon-neutral steel credentials.

Ownership category

akta.pro rank

Headquarters

HQ city

Belo Horizonte

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Long steel products sales: Sale of steel products including wire rod, rebar (CA-50 and CA-60), and steel billets. Products are sold to civil construction, manufacturing, and agriculture industries. Pricing is quote-based.
2. Air gases sales: Sale of surplus industrial gases (oxygen, nitrogen, argon) produced from on-site air separation plant to chemical, pharmaceutical, food, metallurgical, and hospital industries.
3. Pig iron production: Production of pig iron for captive use in steelmaking and external sales.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

AVB - Aço Verde do Brasil is an integrated long steel producer that manufactures wire rod, rebar (CA-50 and CA-60), and steel billets using a charcoal-based steelmaking process fueled by renewable (hydroelectric) energy. The company also produces industrial air gases (oxygen, nitrogen, and argon) as a co-product of its steelmaking operations. Its charcoal is sourced from planted eucalyptus forests, enabling a low-carbon footprint for its steel output.

Product overview

AVB (Aço Verde do Brasil) is a green steel producer and part of Grupo Ferroeste, operating a 600,000 ton/year integrated long steel mill in Açailândia, Maranhão, Brazil. The company produces a portfolio of long steel products: Wire Rod (Fio Máquina), Rebar CA-50, Rebar CA-60, Steel Billets (Tarugo de Aço), and Air Gases. AVB is notable for using sustainable charcoal from planted eucalyptus forests and renewable energy, achieving one of the lowest CO2 emission rates in the world according to the World Steel Association. The products range from semi-finished (steel billets) to finished long steel products used in civil construction, manufacturing, and industrial applications.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Negative 0.04 mt CO2 per ton of steel produced (2020), compared to world average of 1.88 tons
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Ferroeste GroupcoreOthersAVB is a company of the Ferroeste Group. Ferroeste Group is known for pig iron production and has diversified into reforestation, cement, and sugar cane ethanol production. AVB represents the group's entry into the long steel market with sustainable steel production.

Scale indicators8 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• SSAB: Swedish steel producer leading the HYBRIT initiative for fossil-free steel via hydrogen DRI. Closest global analog to AVB's carbon-neutral positioning, though serving premium plate/automotive markets rather than long products for construction.
• Usiminas: Major Brazilian integrated flat and long steel producer competing with AVB in domestic construction, manufacturing, and distribution channels. Relevant as same-country, same-end-market peer, but with a conventional blast furnace footprint.
• Gerdau: Brazil's largest long steel producer (rebar, wire rod, billets) and direct competitor in the same civil construction / manufacturing end-markets as AVB. Comparable in product mix but operates at much larger scale with conventional EAF/mini-mill routes.
• Companhia Siderúrgica do Pecém (CSP): Brazilian integrated steel mill producing slabs and billets in Ceará, part of the Vale/ArcelorMittal/Dongkuk consortium. Direct peer as another large Brazilian integrated producer competing in domestic steel supply.

Emerging players

• Boston Metal: US-based startup developing molten oxide electrolysis for green steel, targeting carbon-neutral primary steel production. Emerging competitor in the same low-carbon steel narrative that AVB occupies.
• Stegra (formerly H2 Green Steel): Sweden-based greenfield green steel startup building a hydrogen-DRI/EAF mill for near-zero-CO2 steel. Comparable as a next-generation green steel challenger to AVB's charcoal-based approach, though targeting European markets and OEMs.

Regional players

• Ternium: Latin American integrated steel producer with operations across Mexico, Argentina, and Central America. Comparable long-product portfolio and Latin American market exposure, but operates primarily outside Brazil and uses conventional routes.

Broad incumbents

• ArcelorMittal: Global steel incumbent with significant Brazilian operations and active low-carbon steel programs. Overlaps with AVB in long products and now in green-steel positioning, but serves a vastly broader geographic and product footprint.
• Nucor: Largest US steel producer using EAF/recycling-based routes with one of the lowest CO2 intensities among large steelmakers. Comparable as a low-carbon steel incumbent in a different geography, with EAF rather than BF/BOF technology.
• Voestalpine: Austrian integrated steelmaker pursuing green hydrogen-based decarbonization (H2FUTURE). Comparable in long-products and decarbonization ambition; broader European focus and premium-grade positioning differ from AVB's commodity rebar/wire rod mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/avbacoverdedobrasil

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AVB - Aço Verde do Brasil