Brazilian steel consumption up 28% in May

June 21, 2019 / www.metalbulletin.com / Article Link

Brazilian apparent steel consumption soared by 28.2% year on year in May, national steel association A??o Brasil said on Wednesday June 19.

The country's steel use came to 1.74 million tonnes last month compared with 1.36 million tonnes in May 2018, according to the association. In May 2018, the Brazilian steel market was affected by a truckers' strike, which resulted in production constraints and lower steel sales.Last month saw an increase in steel use from 1.67 million tonnes in April.Brazilian flat steel producers have been struggling to...

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