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21 Apr
09:29

Brazilian consumption hits 7.5-year high in March

The Brazilian steel sector saw production increase on-year both in March and during the first quarter, Kallanish notes. According to local steelmakers’ association Instituto Aço Brasil (IAB), March performance confirms the market recovery and increased domestic consumption. “The Brazilian steel industry has been recurrently increasing its sales to the domestic market, with volumes higher than those in the pre-pandemic period,” says IAB pr…
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