Brazil's steel output increased by 2.5% year-on-year in the first three quarters of 2018

From: JUNNAN STEEL NEWS
publisher: Gloria Wong
Time: 2018-10-30
Summary: According to the Brazilian Iron and Steel Association (IABr), in the first nine months, Brazil's crude steel output was 26.1 million tons, an increase of 2.5%.

According to the Brazilian Iron and Steel Association (IABr),in the first nine months, Brazil's crude steel output was 26.1 million tons, anincrease of 2.5%.

Domestic sales were 13.8 million tons, up 9.6% year-on-year.

The import volume was 1.95 million tons, a year-on-yearincrease of 6.5%. Domestic consumption was 15.6 million tons, an increase of8.7%.

The association did not publish export data.

Brazil is the largest steel producer in Latin America, withlarge steel companies such as Gerdau, Usiminas and Brazilian Steel Corporation(CSN).

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