According to data released by the Brazilian Steel Institute, A?o Brasil, the country’s crude steel output totaled 2.94 million tons in August, down by 1.4% year on year and remaining flat from a month ago.

In August, the country’s finished steel output totaled 2.08 million tons, decreasing by 9.1% year on year but rising by 2.4% month on month.

In January-August period, Brazil’s crude steel production amounted to 22.6 million tons, falling by 1% in comparison of 22.8 million tons in the same period of a year ago.

In the given period of time, the country’s finished steel production totaled 16.6 million tons, falling by 5% year on year.