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17 May
08:36

Brazil’s steel production hits 30-month high in April

The Brazilian steel industry continued its good momentum in April. The sector saw production increase both month-on-month and year-on-year, Kallanish notes. Local steelmakers’ association Instituto Aço Brasil (IAB) says April output was the highest since October 2018, confirming the strong recovery of the market and domestic consumption. “Higher demand in the domestic market reflects the resumption of consumer sectors, but also the formation of…
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