Brazil's steel consumption up 8.5% in September

Brazilian apparent steel consumption rose by 8.52% year on year in September amid a surge in imports and an increase in long steel demand, national steelmaker association Instituto A??o Brasil said.

Consumption totaled 2.20 million tonnes in September, up from 2.03 million tonnes in the corresponding month last year, the association said on Friday October 15.
Growth was more pronounced for long steel and for overall imports during that period.
Demand for flat-rolled steel was 1.29 million tonnes, a 6.77% year-on-year increase from 1.21 million tonnes, while long steel consumption reached 909,000 tonnes, 10.99% higher than 819,000 tonnes in the same comparison, the association said.

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