Brazilian crude steel output declines in September

Monday, 04 November 2019 00:10:34 (GMT+3)   |   Sao Paulo
       

Brazilian crude steel production in September fell 22 percent, year-on-year, to 2.4 million mt, according to local steel association, IABr. Domestic steel sales in September totaled 1.6 million mt, 5.9 percent down, year-on-year.

Brazilian steel exports in September reached 869,000 mt in volume, 17.6 percent down, year-on-year, and $478 million in value, 32.1 percent down, also on a year-on-year basis.

Brazilian steel imports in September declined 18.2 percent, year-on-year, in terms of volume, reaching 184,000 mt, and 9.1 percent, year-on-year, in terms of value. Brazil imported $210 million in steel products in September.

As for the accumulated period of January to September, Brazilian crude steel output was 24.6 million mt, 7.3 percent down, year-on-year. Brazilian domestic steel sales in the nine-month period totaled 14 million mt, 2 percent down, year-on-year. Apparent steel consumption in the January-September period dropped 2.8 percent, year-on-year, to 15.6 million.

Brazilian steel imports in January-September reached 1.9 million mt in volume, 3 percent down, year-on-year. However, IABr said it did not release steel export figures for the nine-month period due to a change in Brazil’s foreign trade statistics, which brought data “inconsistencies” to steel figures reported for the second half of the year.


Similar articles

Vietnam’s Hoa Phat Group sees higher net profit and revenue in Q1

17 Apr | Steel News

Brazilian crude steel production increases in March

16 Apr | Steel News

China’s crude steel output down 1.9% in Q1, steel prices start to rebound in April

16 Apr | Steel News

SAIL’s Bhilai mill achieves highest-ever crude steel output in FY 2023-24

16 Apr | Steel News

CISA mills’ daily steel output down 0.47% in early April, inventory down 0.94%

16 Apr | Steel News

UNESID cautiously optimistic for Spanish steel sector in 2024

16 Apr | Steel News

US raw steel production down 1.1 percent week-on-week

15 Apr | Steel News

Liquid steel production in Mexico falls to 40-month low in February

12 Apr | Steel News

Ukraine’s pig iron output up 32.1 percent in Q1

10 Apr | Steel News

Ansteel’s crude steel output up 0.15 percent in 2023

09 Apr | Steel News