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16 Apr
11:46

Brazil’s steel output improves in March

The Brazilian steel industry saw its performance rise month-on-month and year-on-year in March, Kallanish notes. Local steelmakers’ association Instituto Aço Brasil's (IAB) latest report shows that the country’s monthly crude steel output was 2.78 million tonnes, up 0.3% over February and 5.6% more on-year. Three-month production was 6.2% higher than in the same period in 2023 at 8.29mt. In March, rolled product output was 5.9% higher…
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