“We remain bullish on 2022 [steel demand in Brazil],” Werneck said. “For flat steel, the outlook is positive.”

Erdemir Group produced 6.815 million tonnes of crude steel over the first nine months of 2021, equivalent to 23% of the national total.

Global crude steel production falls for fourth consecutive month

Fortescue posts solid start to FY22

Nation ramps up efforts to curb coal consumption

Long-term coal stability in focus

Botswana delivers first iron-ore exports to China

...down 8.45 and 21.2 percent from a month and a year earlier, respectively.