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19 Apr
09:26

Brazilian steelmakers expect challenging 2023, lower consumption

Brazilian steel production should continue to grow in 2023, says local steelmakers’ association Instituto Aço Brasil (IAB) president Marco Polo de Mello Lopes. However, apparent consumption is seen down 1% this year after an earlier estimate of 1.5% growth. “We don't have any indicators for optimism in 2023,” says Mello Lopes in an interview with Valor. “The three large steel-consuming sectors, civil construction, machinery and e…
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