27
May
12:13
Brazil’s steel output, capacity utilisation decline in April
The Brazilian steel industry saw its performance fall month-on-month and year-on-year in April, amid weaker capacity utilisation, Kallanish notes.
Local steelmakers’ association Instituto Aço Brasil (IAB)’s latest report shows the country’s monthly crude steel output was 2.72 million tonnes, down 1.3% over March and 1.1% less on-year. Four-month production, however, remained 3.9% higher than in the same period in 2023, at 10.9mt.
In Apri…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous