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22 Nov
08:50

Brazil steel production normalises in October

Brazilian steel production and consumption deteriorated sequentially in September, although output remained stable year-on-year, Kallanish notes. The sector becalmed after a strong April-September period in which steel output surpassed the 3 million tonnes/month barrier. According to local steelmakers’ association Instituto Aço Brasil (IAB)’s latest report, Brazil’s crude steel output was 2.94mt in October. This was 5.7% less m-o-m bu…
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