Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Brazil’s crude steel output fell by 4.9pc to 30.9mn mt in 2020, from 32.5mn mt in the previous year, according to the latest Brazilian Steel Institute (Aço Brasil) data.

 

In December, the South American country’s crude steel production rose by 17.2pc to 2.8mn mt, from 2.4mn mt in the same prior-year period, Aço Brasil indicated.

 

Rolled steel production, on the other hand, fell by 3.7pc to 21.6mn mt in 2020, from 22.4mn mt produced in the prior year. Here’s a break up of the output and sales of various steel grades produced in Brazil during the year under review:

 

Brazil steel output and sales (in mn mt)

Products20202019pc change
Crude steel output30.932.5-4.9
Rolled steel output21.622.4-3.7
Flat steel output12.313.2-6.8
Long steel output9.39.20.8
Steel consumption21.220.91.2
Domestic sales 

19.2

 

18.8 2.4
Exports 10.7       12.8-16.1
Imports2.022.3-14.3

Source: Aço Brasil

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