The United States’ imports of finished steel products increased moderately month on month but ballooned year on year in September.

Up 16.5 Percent YTD in 2021 from Same Period in 2020.

Adjusted year-to-date production through October 23, 2021 was 77,019,000 net tons, at a capability utilization rate of 81.3 percent.

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

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

Global crude steel production falls for fourth consecutive month

Fortescue posts solid start to FY22

It is expected that by 2025, systematic and tiered low carbon standards will be established for sectors, enterprises and products.