Brazil’s domestic crude steel sales increased, although production, imports, and exports declined compared to 2018. The country’s total domestic crude steel sales increased 0.4pc in November compared to November 2018 to about 1.6mn mt, according to a Brazilian official report.

 

Brazil’s crude steel production in November decreased 10.5pc compared to the same month last year to around 2.6mn mt. In the first 11 months of this year, crude steel production in Brazil declined 8.8pc compared to last year to almost 30mn mt, while the domestic sales in the comparative same period declined 2.1pc to 17mn mt.

The country’s crude steel imports in November decreased 25.6pc to 128,000mt, while its sales value decreased 23.5pc to around $156mn. In the first 11 months of 2019, crude steel imports in Brazil declined 0.8pc to around 2.2mn mt, while sales value fell 5.4pc to $2.3bn.

 

Crude steel exports in November fell 17pc to 1.1mn mt, while the sales value during the same period declined 35.5pc to $544mn. In the first 11 months of this year, crude steel exports in Brazil decreased 6.7pc to 12mn mt compared with the same period last year. The total sales value fell 16.2pc to around $6.8bn during the same comparative period.

Leave a Reply

Your email address will not be published.