Brazilian steel use grows 50% in March, A??o Brasil says

April 21, 2021 / www.metalbulletin.com / Article Link

Brazil's apparent steel usage grew by 50.15% in March compared with the same month in 2020, with imports outgrowing domestic sales from mills, according to data from national steelmaker association Instituto A??o Brasil published on Tuesday April 20.

Steel consumption reached 2.45 million tonnes in March, up from 1.63 million tonnes a year earlier, A??o Brasil data showed. In March of last year, consumption was already under pressure from the effects of the Covid-19 pandemic.
These were the strongest demand numbers in the country since October 2013, the association said, attributing the recovery to higher demand from end-use markets and defensive stocking amid current volatility caused by rising commodity prices.

During the first quarter, apparent steel use was 6.78 million tonnes, up...

Recent News

AOCE and WB boost gold targets for 2025 significantly

November 10, 2025 / www.canadianminingreport.com

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok