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17 May
08:55

Brazil’s steel production grows sequentially in April

Brazil's steel production rose on-month in April, reaching a six-month high. Consumption, however, decelerated, while the sector’s performance remained weaker on-year, Kallanish notes. Local steelmakers’ association Instituto Aço Brasil's (IAB) latest report shows that Brazil’s monthly crude steel output was 2.77 million tonnes, up 5.1% over March but 5.9% less year-on-year. This volume was the highest since November, when output r…
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