Brazil's steel product consumption in July increased by 12.0% year-on-year

From: JUNNAN STEEL NEWS
publisher: Gloria Wong
Time: 2018-08-31
Summary: According to statistics released by the Brazilian Iron and Steel Association (IABr), the consumption of domestic steel products in Brazil was 1.84 million tons in July, an increase of 12.0% year-on-year. The monthly consumption of domestic steel products in Brazil since April 2015 was new.

According to statistics released by the Brazilian Iron andSteel Association (IABr), the consumption of domestic steel products in Brazilwas 1.84 million tons in July, an increase of 12.0% year-on-year. The monthlyconsumption of domestic steel products in Brazil since April 2015 was new.


In July, Brazilian steel production was 3.02 million tons, up6.7% year-on-year. Among them, the output of steel plates was 1.14 milliontons, an increase of 0.7% year-on-year; the output of bars was 760,000 tons, anincrease of 5.8%.


In July, Brazil's flat steel output for automobiles and homeappliances was 1.13 million tons, up 13.3% year-on-year; the output ofconstruction and infrastructure bars was 710,000 tons, up 9.9% year-on-year.


In July, Brazilian steel products exported 1.22 million tons,a year-on-year increase of 5.8%. Among them, the export volume of semi-finishedsteel products was 807,000 tons, a year-on-year increase of 7.9%.


From January to July, Brazil's steel product consumptiontotaled 11.9 million tons, an increase of 9.7%. Among them, flat steelconsumption was 7.27 million tons, up 11.1% year-on-year; bar consumption was4.63 million tons, up 7.7% year-on-year.


                          

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