Steel Imports Surge: Brazil’s Industry Seeks Balance

In the first five months of 2024, Brazil’s crude steel production witnessed a slight uptick, producing 13.56 million tons—a 0.6% increase from the previous year. Sales within the nation also rose, achieving 8.32 million tons, marking 1.9% growth. However, the international market posed challenges, with steel exports dropping sharply by 16%, totaling only 4.24 million […]