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25 Sep

Brazil’s August crude steel output improves, finished declines

Brazil saw crude steel output increase slightly month-on-month in August. Production of rolled steel declined, while semis' performance remained strong versus July, Kallanish notes. Local steelmakers association Instituto Aço Brasil's (IAB) latest report shows that Brazil’s monthly crude steel output was 2.71 million tonnes, up 0.3% from July but 5.9% less year-on-year. Eight-month production was 8.3% weaker on-year at 21.3mt. In August, roll…
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Todor Kirkov  |  Bulgaria
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