Crude steel production in Brazil reached 2.769 million tons in May 2026, up from 2.709 million tons in May 2025, according to the Brazilian Steel Institute IABR.
On a comparative basis, rolled steel output increased 0.7 percent to 2.030 million tons, while flat steel production increased 3.0 percent to 1.227 million tons. tons, and long steel production fell 2.5 percent to 803,000 tons.
Similarly, domestic sales of steel products increased 1.3 percent to 1.8 million tons, and apparent consumption of steel products fell 14.1 percent to 2,100 million tons, while exports fell 62.4 percent to 645,000 tons and imports fell 62.4 percent. up to 645,000 tons. fell 55.4 percent to 312,000 tons.
In June, the Steel Industry Confidence Index (ICIA), which measures confidence among executives in Brazil's steel sector, fell to 47.8 points from 59.9 points in May. It was its biggest decline in recent months, indicating pessimism among steel executives below the 50-point line separating optimism from pessimism.
The index largely reflects expectations for the domestic economy over the next six months, which stood at 49.0, according to the IABR. The index of current conditions reached 44.7 points, and the expectations of managers of their own companies fell by 18.3 points to 51.1 points
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