Brazilian steel consumption grows by 7.30% in 2018, misses estimates

By IM Staff
Published: Wednesday, 23 January 2019

Brazil's steel consumption was lower than expected due to lower demand in December.

By Renato Rostás 

Brazil’s apparent steel consumption totaled 20.57 million tonnes in 2018, an increase of 7.30% from 19.17 million tonnes the year before, according to the national steel association Aço Brasil. 

The volume was lower than expected after demand slowed in the...

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