Brazilian steel use down 10.4% in April, Aço Brasil says

Apparent steel consumption in Brazil fell by 10.36% in April, from the corresponding month last year, mostly due to a sharp decrease in flat-rolled steel numbers, steelmakers’ association Instituto Aço Brasil said on Wednesday May 18.

Steel use reached 1.99 million tonnes in the country, down from 2.22 million tonnes a year before. Flat steel demand totaled 1.14 million tonnes, an 11.35% decline from 1.28 million...


Renato Rostás

May 18, 2022

19:30 GMT

São Paulo