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Brazilian Steel Exports Fall

Steel

Brazilian steel exports fell by 0.3 Mt year-on-year in December to 1.3 Mt, official data show. Shipments have now declined on an annual basis for six of the last seven months. Brazil exported 13.1 Mt of steel in 2016, which, although down by 0.4 Mt on 2016, was still the second strongest year on record for the country’s steel exports.