Consumption totaled 1.78 million tonnes during the month, down from 1.9 million tonnes in an annual comparison, according to the institute’s data.
Flat-rolled steel consumption was 1.03 million tonnes, a 7% decrease from 1.11 million tonnes a year before, while long steel demand hit 743,000 tonnes, falling by 5.6% from 787,000 tonnes.
Mills’ domestic sales volumes were 1.61 million tonnes during the period, 5.9% less than 1.71 million tonnes a year before, the data showed. Meanwhile, imports reached only 184,000 tonnes, down by 18.2% from 225,000 tonnes in September 2018.
Brazilian steel mills have seen their pricing power diminish in the past few months, with the...