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06 Dec
11:54

Brazilian steel seen recovering in 2020 after dip

Brazilian steel production and consumption should decrease in 2019, Brazilian steelmakers’ association Instituto Aço Brasil (IAB) says in its latest outlook monitored by Kallanish. IAB, however, foresees a positive sector performance in 2020. The Brazilian economy has underperformed in 2019, thereby delaying the country’s steel sector rebound. "The steel industry is set to achieve results below estimations due to …
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