Brazil October raw steel output up by almost 3pct MoM

Brazil produced 2.8 million tons of raw steel in October, up by 2.9% MoM but down by 3.5% YoY. Rolled product output totaled 2.2 million tonnes, up by 10% MoM but down by 8% YoY. Over January to October 2009 period, Brazil produced 21.3 million tonnes of