Brazil’s crude steel output increased by 3.5pc to 2.78mn mt in October this year from 2.69mn mt in the same month last year, according to the latest figures from the Brazilian Steel Institute (Aço Brasil).
The country’s rolled, flat and long steel production also rose in October, with increased domestic sales and consumption as exports slowed.
Complete details about Brazilian steel in October are listed below:
|Steel Production||Oct 2020||% change||Oct 2019|
|Crude steel||2.78mn mt||+3.5||2.69mn mt|
|Rolled steel||2.1mn mt||+12.6||1.8mn mt|
|Flat steel||1.2mn mt||+15.7||1.05mn mt|
|Steel consumption||2.07mn mt||+11.2||1.86mn mt|