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Brazil's pig iron production and exports increased

According to statistics from the Brazilian Steel Institute (Instituto Aço Brasil, IABr), Brazil's pig iron production increased m-o-m and decreased y-o-y.

Brazil's pig iron production and exports increased
Brazil produced about 2.24 million tons of pig iron in March
In March this year, Brazil's pig iron production stood at about 2.24 million tons, an increase of 7.6% compared to February and a decrease of 1.6% compared to the same month of the previous year.
In the first three months of 2023, Brazil's pig iron production decreased by 1.3% y-o-y to 6.6 million tons.
Pig iron export volume increased on a monthly and yearly basis
In March this year, Brazil's pig iron export volume increased by 111% compared to February and by 39% compared to the same period of the previous year and stood at about 437,500 tons.
In the first three months of this year, pig iron exports increased by 882,000% y-o-y to about 8.4 tons.


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