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Brazil's crude steel production decreased in August

Brazil's crude steel production decreased in August compared to the same month of the previous year.

Brazil's crude steel production decreased in August

According to data from the Brazilian Steel Institute (IABr), the country's crude steel production in August was around 2.72 million tonnes, down 5.9% compared to August 2022.

In this period, the production of rolled products decreased by 12.1% yoy to 1.9 million tonnes. Semi-finished products output, on the other hand, reached 832,000 tonnes, up 44.0% year-on-year.

In the first eight months of this year, Brazil's crude steel production was 21.3 million tonnes, down 8.3% y-o-y. Rolled product output fell by nearly 10% y-o-y to 15 million tonnes, while semi-finished product output rose 19.6% y-o-y to 6.4 million tonnes.

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