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Brazil's June crude steel production is broadly stable compared with 2025 production

Brazil's June crude steel production is broadly stable compared with 2025 production

Crude steel production in Brazil totaled 2.837 million metric tons (mt) in June, little changed from the 2.834 million mt produced in June 2025, according to the Brazilian Steel Institute IABR.

In the same year, rolled steel output fell 8 percent to 1.832 million mt. Flat steel production fell 12.8 percent to 1.008 million tons, and long steel output fell 1.2 percent to 824 thousand tons.

Domestic sales of steel products also fell, down 5 percent to 1.8 million tons. Steel consumption fell 11 percent to 2.2 million tons, while exports fell 14.8 percent to 912,000 tons and imports fell 20.1 percent to 476,000 tons

In July, the Steel Industry Confidence Index (ICIA), which measures sentiment among Brazil's steel sector executives, fell to 45.6 points from 47.8 points. recorded in June. This was the lowest level since December 2025 and indicated greater pessimism among steel industry executives, with the index remaining below the 50-point threshold that separates optimism from pessimism.

The report showed that executives were deeply pessimistic about the current state of the Brazilian economy - 29.3 points and about the next six months - 32.5 points.

Their assessment of their own companies was less pessimistic: 53.3 points for the current situation and 52.3 points for the forecast for the next six months

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