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

Brazil’s industrial production increased by 34.7pc in April from the same month of 2020 but dropped by 1.3pc from March, according to the Brazilian National Confederation of Industry (CNI). 


The South American country’s production of non-metallic mineral products rose by 2.4pc in April on a monthly basis while the production of machinery and equipment climbed by 2.6pc and motor vehicles, trailers and semi-trailers increased by 1.4pc in the same period. 


Metal production inched down by 0.4pc in April from the previous month while metal products declined by 4pc and other transport equipment fell by 0.4pc in the same period, CNI reported. 


From a manufacturing standpoint, metals and the motor vehicles, trailers, and semi-trailer sectors contributed 7pc each to total manufacturing in April this year. 


The country’s industrial sales increased by 46.3pc in April from the same month last year, but declined by 1.3pc from March, CNI noted.

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