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20 Dec
10:31

Brazil exports grow in November, imports remain high

Brazilian steel exports rose sequentially for the second consecutive month in November, following the progressive lowering of domestic consumption to traditional levels observed since the third quarter. However, persistent high steel prices in Brazil continue to support imports, Kallanish notes. According to local steelmakers’ association Instituto Aço Brasil (IAB), exports increased 17.4% month-on-month and 85.6% on-year in November at 954,055 t…
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