Brazilian crude steel output 15.3 percent up in September

Monday, 18 October 2021 23:23:12 (GMT+3)   |   Sao Paulo

Brazilian crude steel production in September rose 15.3 percent, year-over-year, to 3.1 million mt, according to a report from the nation’s steel association, IABr.

Domestic steel sales in September totaled 1.9 million mt, 1.2 percent up, year-over-year, while apparent steel consumption in September reached 2.2 million mt, 8.5 percent up, year-over-year.

Brazilian steel exports in September totaled 949,000 mt in volume, 26.6 percent up, year-over-year, and $942 million in value, which represents a 150.1 percent year-over-year growth. Brazilian steel imports in September reached 358,000 mt in volume, 151.1 percent up, year-over-year, and $414 million in value, 139.4 percent up, also on a year-over-year basis.

As for the accumulated period of January to September this year, Brazilian crude steel output improved 20.2 percent, year-over-year, to 27.2 million mt.

Brazilian domestic steel sales in the January-September period rose 29.7 percent, year-over-year, to 17.9 million mt. Apparent steel consumption in the nine-month period was 21 million mt, 37.3 percent up, year-over-year.

IABr said Brazilian steel exports in January-September totaled 7.8 million mt in volume, 7.6 percent down, year-over-year, and $6.5 billion in value, a 55.6 percent year-over-year increase. Brazilian steel imports in January-September reached 3.9 million in volume, 162.7 percent up, year-over-year. In terms of value, Brazilian steel imports in January-September totaled $3.6 billion, 126.7 percent up, year-over-year.

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