Brazilian crude steel output down 39% in April on Covid-19

Brazilian crude steel production dropped by 39% year on year in April, according to figures released by national steel association Aço Brasil early this week.

Output totaled 1.81 million tonnes, down from 2.97 million tonnes in April 2019.
At least a dozen blast furnaces in the country are currently halted due to weak demand amid the Covid-19 pandemic.

Finished steel output reached 1.23 million tonnes last month, down by 36.6% from 1.94 million tonnes...

Published

Felipe Peroni

May 29, 2020

17:06 GMT

São Paulo