Brazilian apparent steel consumption fell by 5.95% in October, from the same month in 2020, largely influenced by lower domestic shipments of flat steel from mills, according to data published by the steelmakers' association, Instituto A??o Brasil, on Friday November 19.
Apparent consumption totaled 1.96 million tonnes during the month, down from 2.09 million tonnes a year before, A??o Brasil said. This was the lowest level reported since 1.91 million tonnes in August 2020.Domestic steel sales reached 1.66 million tonnes in October, falling by 14.70% in comparison with 1.94 million tonnes a year before. Flat steel shipments to the domestic market totaled 903,085 tonnes, down by 17.52%...