Rio de Janeiro \u2013 Brazilian production of bulk steel grew 9% in the first five months of the year, reaching 14.8 million tonnes. In May, national steel production totalled 3.3 million tonnes, with growth of 14.7% over the same period last year and 9.6% over April this year. The figures were disclosed on Monday (20) by the Brazilian Steel Institute (IABr).<\/p>\n
Production of laminates reached 10.8 million tonnes from January to May, showing moderate expansion of 0.1% over the same period in 2010. The monthly index, however, shows that Brazilian production of laminates (2.2 million tonnes) grew 5.2% over April. In comparison with May last year, there was retraction of 2.5%.<\/p>\n
IABr shows that sales of ironworks products on the domestic market reached two million tonnes in May, expansion of 3.9% over the previous month. In comparison with May 2010, there was a reduction of 0.4%. In the accumulated result for 2011, domestic sales represented good performance. They reached 9.3 million tonnes, with expansion of 4.8% over the same period last year.<\/p>\n
In exports, IABr has noticed growth in the accumulated value for the first five months of the year both in volume (33.4%), and in value (71.4%). Shipments abroad totalled 4.6 million tonnes from January to May, which resulted in revenues to the country of approximately US$ 3.5 billion. Imports, in turn, suffered retraction of 38.9% in the period, with 1.4 million tonnes of ironworks products.<\/p>\n
IABr also informed that the national apparent consumption of ironworks products dropped 6.8% in May and 3% in the accumulated result from the year to May, as against the same periods in 2010.<\/p>\n
*Translated by Mark Ament<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
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