Pig iron exports decline in 2012 despite improvement in H2 2012

摘要

Brazil's steel market remains fragile in its recovery. After a brief period of expansion, Brazil's civil construction index has again fallen into contractionary territory to 49.4 in November, from 50.2 in October, according to data published by the Brazilian Industry Confederation. As a result, steel consumption declined by 0.5% y/y to 2.1 Mt in November, according to the Brazilian Steel Association (IABr).