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01 Dec
08:05

Brazil's October steel production moves up

Brazil saw both steel production and consumption rise on-month in October, Kallanish notes. The sector’s performance, however, remained weaker on-year. According to local steelmakers’ association Instituto Aço Brasil (IAB), the comparison with a high base in 2021 can lead to misinterpretations regarding the performance of the steel industry in 2022. Last year 2021 was characterised by the strong resumption in demand, replenishment of stocks, an…
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