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19 Jan
08:14

Brazilian output falls in 2020, but use rises

Brazil saw steel production fall in 2020 as an effect of the Covid-19 crisis, Kallanish learns from data issued by local steelmakers’ association Instituto Aço Brasil (IAB). The country’s apparent steel consumption, however, rose last year. “Steel production suffered a drop compared to 2019, mainly due to the equipment shutdown that occurred at the most acute moment of the severe demand crisis faced by the industry in April last year,&rdq…
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