Brazilian steel industry sees modest growth in 2023: Aço Brasil

Steel producers in Brazil are expecting a modest expansion of production, sales, and apparent consumption in the country in 2023, following “excellent” years for the industry, according to Aço Brasil Institute. Brazilian crude steel production in 2023 is projected to rise 2% on year to 35.3 million mt. Sales volumes in the domestic market may grow 1.9% to 20.6 million…

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