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28 Jul
07:58

ArcelorMittal Brazil’s production improves in second quarter

ArcelorMittal’s production in Brazil rose quarter-on-quarter in the second quarter, Kallanish notes. The steelmaker’s crude steel output in Brazil was 3.08 million tonnes in Q2, up by 1.5% over the previous quarter but 2.1% lower compared to 3.15mt a year earlier. First-half production reached 6.12mt, or 59,000t less on-year. Q2 steel shipments were just 1.1% lower on-quarter but 1.3% more on-year at 3mt. Six-month sales amounted to 6.04mt, which is 3…
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