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18 Oct
08:20

Brazil steel output, use drop back in September

The Brazilian steel industry saw performance decelerate sequentially in September, although production and domestic consumption remained stable year-on-year, Kallanish notes. The sector becalmed during the month after a strong August in which steel output hit a 34-month high. According to local steelmakers’ association Instituto Aço Brasil (IAB)’s latest report, Brazil’s crude steel output was 3.05 million tonnes in September. This was 3.1…
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