Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Brazil’s crude steel output increased by 3.5pc to 2.78mn mt in October this year from 2.69mn mt in the same month last year, according to the latest figures from the Brazilian Steel Institute (Aço Brasil).

 

The country’s rolled, flat and long steel production also rose in October, with increased domestic sales and consumption as exports slowed. 

 

Complete details about Brazilian steel in October are listed below:

 

Steel ProductionOct 2020    % changeOct 2019
Crude steel 2.78mn mt+3.52.69mn mt
Rolled steel2.1mn mt+12.61.8mn mt
Flat steel 1.2mn mt+15.71.05mn mt
Long steel 900,000mt+8.7828,000mt
Steel consumption2.07mn mt+11.21.86mn mt
Domestic sales        

1.9mn mt

 

+16.71.6mn mt 
Export Sales 792,000mt       -14.8929,000mt

 

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