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17 Aug
09:40

Brazil steel sector recovery continues in July

The Brazilian steel sector continues to recover from the Covid-19 crisis, with most production indicators improving in July, according to local steelmakers’ association Instituto Aço Brasil (IAB). Crude steel output in July was 2,592,000 tonnes, up 3.5% on-year and 21.1% higher over June. In January-July, however, crude steel production reached 17,072,000t, down -13.9% y-o-y. Rolled products output fell by -13.9% on-year in July to 1,631,000t. This v…
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