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18 Jan
09:51

Brazil’s 2021 steel production grows despite weak December

Brazil saw steel production rise in 2021 as an effect of the post-Covid-19 recovery, Kallanish learns from data issued by local steelmakers’ association Instituto Aço Brasil (IAB). Crude steel output totalled 36.03 million tonnes in 2021, up 14.7% compared to 2020. In December alone, however, production was down 15.7% month-on-month and also 11.4% less year-on-year at 2.6mt. This was the lowest monthly volume since June 2020 when the country prod…
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