27
Apr
11:15
Brazil's steel production, consumption rise in March
Brazil saw steel production and consumption grow sequentially in March, Kallanish notes. Cumulative output, however, remained weak compared to the first quarter a year earlier.
According to local steelmakers’ association Instituto Aço Brasil (IAB)’s latest report, Brazil’s March crude steel output was 2.94 million tonnes. This was up 10.1% over February and 4.9% y-o-y. Three-month production was however 2.4% lower on-year at 8.5mt.
March …
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Anonymous
Very good overview of the weekly steel market.
Anonymous