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

Brazil’s crude steel output increased by 11.2pc to 2.95mn mt in November from 2.65mn mt in the same month last year, according to the Brazilian Steel Institute (Aço Brasil).

 

Rolled steel production also rose by 9.6pc to 1.94mn mt in November, from 1.77mn mt produced in the prior-year month, Aço Brasil indicated. Here is a break down of the various steel product volumes during the month:

 

Brazil steel output and sales  

ProductsNov 2020pc changeNov 2019
Crude steel output2.95mn mt+11.22.65mn mt
Rolled steel output1.94mn mt+9.61.77mn mt
Flat steel output1.08mn mt+6.51.01mn mt
Long steel output863,000mt+13.8759,000mt
Steel consumption2.03mn mt+16.11.75mn mt
Domestic sales    1.83mn mt+12.91.62mn mt
Foreign  sales 660,000mt       -35.61.02mn mt

Source: Aço Brasil

 

 

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