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Brazil's crude steel production increased in December 2023

Brazil's crude steel production increased slightly by 0.9% y-o-y in December last year, according to data from the Brazilian Steel Institute (Instituto Aço Brasil, IABr).

Brazil's crude steel production increased in December 2023

In December 2023, Brazil's crude steel production increased by 0.9% from November to 2.5 million tons.

Crude steel production totaled 31.9 million tons for the year

The country's crude steel production stood at 31.9 million tons in 2023, decreasing by 6.5 percent y-o-y.

Production of rolled steel, flat steel and long products increased

In December, Brazil's rolled steel production was 1.65 million tons, increasing by 16% y-o-y, long product production was 559,000 tons, increasing by 17% y-o-y, and flat steel production was 1.1 million tons, increasing by 15.4% y-o-y.

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