Brazil's Crude Steel Output Totaled 2.83 Million Tons in June

According to data released by the Brazilian steel institute (IABr), Brazil's crude steel output totaled 2.83 million tons in June, rising by 2.7% year on year bur rising by 6% from a month ago. In June, the country's production of finished steel totaled 2.26 million tons, increasing by 6.93% year on year but falling by 1.78% month on month. Meanwhile, the domestic shipment of steel products totaled 1.97 million tons in June, rising by 3.63% year on year. In the first half of this year, Brazil's crude steel output totaled 16.97 million tons, falling by 2.17%; that of finished steel was at 12.93 million tons, up by 0.91%, both compared to the figures in the same period of a year ago. In the given period of time, the domestic shipments of all steel products amounted to 11.32 million tons, up by 2.74% year on year.