
according to data released on Monday by the nation’s steel institute, IABr. The trade group said domestic apparent consumption in the ninth month of the year declined 24.1 percent, year-on-year, to 1.7 million mt, while imports reached 224,000 mt at $188 million. IABr said Brazil’s crude steel production in September totaled 2.5 million mt, 13 percent down, year-on-year. Finished steel production in September reached 1.7 million mt, 23.1 percent down, year-on-year. According to IABr, accumulated steel sales for the period of January to September was 14.2 million mt, 14.3 percent down, year-on-year. Domestic apparent consumption and imports in the period reached 16.9 million mt and 2.8 million mt, respectively, with the first diminishing 14 percent, year-on-year. So far in the year, crude steel output reached 25.3 million mt, 1.2 percent down, year-on-year. Finished steel production in the nine-month period totaled 17.4 million mt, 8.2 percent down, year-on-year. Reflecting a more appreciated USD and the still weak domestic market, IABr said exports in September reached 1.6 million mt in volume and $680 million in revenues. From January to September, exports totaled 10 million mt and $5.2 billion, up 48.6 percent in terms of volume and 6.1 percent in terms of revenue, both on an year-on-year basis.
Guangdong Shunde Seko Machinery & Technology Co.,Ltd.www.gdseko.com
Lucy Xie
sevvice@gdseko.com
Skype:Lucy Xie,SEKO Machinery
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