According to the data from IABr, Brazil's crude steel production increased by 3.8% year-on-year to 2.8 million tons in February 2021.

In February, Brazil sold 1.9 million tons of steel, an increase of 20.9% year-on-year; the apparent consumption of steel was 2.1 million tons, up by 24.5% year-on-year.

The steel export volume in Brazil reached 766,000 tons in February, up by 2.1% year-on-year; while the import volume was 334,000 tons, a year-on-year increase of 123.5%.