Brazil's crude steel output increases in Jan
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Update time : 2021-02-24 19:45:55
According to the Brazilian Steel Association (IABr), Brazil's crude steel production in January totaled around 3 million tons, which increased by 10.8% year on year. The country's domestic steel sales volume was up by nearly 25% year on year, reaching roughly 2 million tons.
During the same period, Brazil’s steel exports amounted to about 530,000 tons, decreasing by 52% year on year.
Besides, Brazil imported roughly 324,000 tons of steel in January, which hiked by 42.3% year on year.