The Brazilian steel institute A??o Brasil increased its forecast for apparent steel consumption in 2021, predicting a growth of 24.10% from the previous year.
Apparent steel use is now estimated to reach 26.61 million tonnes this year, compared with 21.45 million tonnes in 2020, the association said on Thursday July 22. The figure is also higher than May's forecast of 24.66 million tonnes."We are seeing very strong signs of a recovery in activity in...