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Brazil's crude steel production decreased by 6.2% year-on-year in August

Brazil's crude steel production decreased by 6.2% year-on-year in August

According to the Brazilian Steel Institute IABR, Brazil's crude steel production in August 2026 was 2.693 million tons, compared with 2,870 million tons in August 2025, down 6.2% from last year..

On the same basis, the volume of rolled products increased by 1.1% to 2,002 million tons. The production of flat rolled products increased by 3.5 percent to 1,161 million tons, while the production of long products decreased by 2 percent to 841,000 tons million tons.

Sales of metal products in the domestic market increased by 1.8 percent to 1,860 million tons. Steel consumption increased by 2.3% to 2.232 million tons, while exports increased by 13% to 959,000 tons and imports decreased by 19.5% to 395,000 tons.

In September, the Steel Industry Confidence Index (ICIA) was published, reflecting the sentiment of executives in Brazil.The index in the steel sector fell to 42.1 points from 43 points in August. This indicates an increase in pessimism among steel industry executives, while the index remains below the 50-point threshold that separates optimism from pessimism.

The managers' assessment of their companies was less optimistic, amounting to 42.9 points in September versus 49.2 points in August, but the more optimistic forecast for the next six months was 45.1 points compared to 41.5 points in August.

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