Brazil's steel and metal output down in November

Brazil’s steel and metal output down in November

Based on the data published by the Brazil's statistic office IBGE, Brazil's iron and steel production showed a decline in November compared to October. Iron and carbon steel bars fell by 3.1% in the mentioned period compared to the previous month. In the same period, metal products, which include forged steel and iron and formed metal parts, declined by 3%. Overall production fell by 0.4% in November compared to October.