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16 Jan
15:36

Brazil’s steel production registers weaker 2023, except semis

Brazil’s crude- and finished-steel output decreased month-on-month in December, Kallanish notes. Although the month's performance came in higher year-on-year, full 2023 results were considerably weaker with exception of semi-finished production. Local steelmakers association Instituto Aço Brasil's (IAB) latest report shows that Brazil’s December crude steel output was 2.52 million tonnes, down 7.8% from November but 0.9% higher year-on-y…
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