Trade Resources Market View Brazil's Production of Rolled Steel Products Totaled 2.29 Million Tons,up by 5% M-O-M

Brazil's Production of Rolled Steel Products Totaled 2.29 Million Tons,up by 5% M-O-M

According to data released by the Brazilian steel institute (IABr), Brazil’s production of rolled steel products totaled 2.29 million tons, up by 5% month on month and rising by 4% year on year.

In May, the country’s crude steel output totaled 3.01 million tons in May, increasing by 3% from a month ago and rising by 5.5% year on year.

Meanwhile, the domestic sales of all steel products totaled 2 million tons, increasing by 3.4% year on year,

At the same time, Brazil’s exports of all steel products amounted to 608,800 tons with values of US$508 million.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64951&division=A2
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Brazil's Rolled Steel Output Increases by 5.5% Y-O-Y in May
Topics: Construction