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Brazil's crude steel production increased

Brazil's crude steel production increased in July compared to the previous month.

Brazil's crude steel production increased

According to the statistics, the country's crude steel production was 2.7 million tons in July this year, up nearly 6% from the previous month, but down 4.7% from the same month a year earlier.

In the same period, Brazil's rolled steel output increased by 16.7% month-on-month, but decreased by 11.8% y-o-y to 1.9 million tons. Semi-finished steel output, on the other hand, amounted to 715,000 tons, up 40.1% y-o-y.

In the first seven months of this year, Brazil's crude steel output totaled 18.6 million tons, down 8.6% y/y. Production of rolled steel products decreased by 9.5% y-o-y to 12.7 million tons, while output of semi-finished products increased by 16.7% y-o-y to 5.6 million tons.

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