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

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

“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.

Fortescue posts solid start to FY22

Global crude steel production falls for fourth consecutive month

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

The trading scope and participants in China's national carbon emission trading system may further increase as market ramps up to help attain the country's green targets, industry experts said.