Brazil's steel output increased by 2.5% year-on-year in the first three quarters of 2018
According to the Brazilian Iron and Steel Association (IABr),in the first nine months, Brazil's crude steel output was 26.1 million tons, anincrease of 2.5%.
Domestic sales were 13.8 million tons, up 9.6% year-on-year.
The import volume was 1.95 million tons, a year-on-yearincrease of 6.5%. Domestic consumption was 15.6 million tons, an increase of8.7%.
The association did not publish export data.
Brazil is the largest steel producer in Latin America, withlarge steel companies such as Gerdau, Usiminas and Brazilian Steel Corporation(CSN).
