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25 Apr
09:41

Brazil reduces steel imports in first-quarter

Brazil saw its steel imports fall year-on-year both in the first quarter and monthly in March, according to data issued by local steelmakers’ association Instituto Aço Brasil (IAB) and monitored by Kallanish. Brazilian cumulative imports in Q1 2018 were down -7.7% compared to the same period in 2017 at 588,000 tonnes. The value of these however, remains significantly higher year-to-date at $646 million in the three-month period, up by…
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