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Brazil's crude steel production rose in April

Brazil's crude steel production increased on a monthly basis, according to data from Instituto Aço Brasil (IAB).

Brazil's crude steel production rose in April

In April this year, Brazil's crude steel production amounted to 2.77 million tons, an increase of 5.1% on a monthly basis and a decrease of 5.9% on an annual basis. The country's crude steel production hit a record high compared to last November.

In the first four months of this year, Brazil's crude steel production decreased by 8.8% yoy to 10.58 million tons.

Production of steel products increased on a monthly basis

The country's steel output was 1.89 million tons, an increase of 1.3% on a monthly basis and a decrease of 5.7% on an annual basis.

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