Brazil’s crude steel production slightly increases in Dec 2023
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Update time : 2024-01-17 15:51:09
According to statistics from Brazil Steel Institute (Instituto Aço Brasil, IABr), the country’s crude steel production totaled 2.5 million tons in December last year, slightly rising by 0.9% compared to the same month a year ago.
During the period, Brazil’s rolled steel production rose by 16% year on year to 1.65 million tons. Output of long products was up by 17% year on year to 559,000 tons, and that of flat products increased by 15.4% year on year to 1.1 million tons.
In the whole year of 2023, Brazil’s crude steel production amounted to 31.9 million tons, a year-on-year drop of 6.5%. Rolled steel products output slid by 7% year on year to 21.8 million tons.
