Wedoany.com Report on Feb 25th, According to forecast data released by the Brazilian Steel Institute (Instituto Aço Brasil, IABr), Brazil's steel production is expected to reach 27.32 million tons in 2026, representing a 1.4% increase from 27.70 million tons in 2025 and a significant rise compared to 25.59 million tons in 2024. This growth trend reflects the positive development momentum of Brazil's steel industry.

Globally, the total steel production in the relevant regions is projected to be 333.47 million tons, a 1.6% decrease from the previous 338.80 million tons. The rise in Brazil's steel output may help balance the supply and demand dynamics in the regional steel market, bringing new changes to the global steel industry.

Data from the Brazilian Steel Institute indicates that the sustained growth in Brazil's steel production is driven by domestic economic recovery and demand from infrastructure construction. By 2026, Brazil's steel production is expected to reach 27.32 million tons, a target that will support the long-term stable development of the country's steel sector.

Overall, Brazil's steel production is projected to grow to 27.32 million tons by 2026. This not only marks an important milestone for Brazil's steel industry but may also have a positive impact on the global steel supply chain. Although total steel production in the relevant regions has declined, Brazil's strong performance is expected to inject vitality into the market.