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30 Nov
11:26

Brazil's 2020 steel production to fall, outlook positive

Brazilian steel production will fall in 2020, says local steelmakers’ association Instituto Aço Brasil (IAB). Steel supplies to the domestic market should grow slightly on-year, while consumption is estimated to be almost flat. Output and demand are set to recover more sustainably in 2021, IAB says in its latest outlook monitored by Kallanish. “The steel industry is optimistic over the resumption of the economy in 2021,” IAB comments. &ldq…
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