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17 Dec
11:44

Brazil steel production recovers in November

Brazil saw steel production and consumption recover sequentially in November, Kallanish notes. Cumulative output also remained higher on-year. According to local steelmakers’ association Instituto Aço Brasil (IAB)’s latest report, Brazil’s November crude steel output was 3.09 million tonnes. This was 3.9% more over October and up by 2.5% y-o-y. Year-to-date-through-November production was 17.4% higher on-year at 33.4mt. Rolled products ou…
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