08
Jul
01:00
Brazilian automotive sector keeps falling in June while imports increase
Following the period of economic depression experienced by the country, automotive production in Brazil fell by -18.5% year-on-year between January and June 2015, Kallanish learns from Brazilian steel institute Instituto Aço Brazil (IAB). Total output reached 1,276,638 vehicles in the first half of the year.
In June, the production of cars and light commercial vehicles dropped by 12.4% month on month and by 13.8% y-o-y to 176,932 units. According to t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous