Brazil steel group IABr sees 2016 sales down 4 pct
RIO DE JANEIRO Nov 26 (Reuters) - Brazilian steel sales will fall 4 percent in 2016 from this year, industry group IABr said on Thursday, as the country continues to grapple with recession.
IABr said it expects Brazilian steel production this year to fall by 2 percent, a slight improvement on the group's previous forecast of a fall of 3.4 percent. Exports for 2015 are now seen increasing 36.2 percent from last year, more than the previous forecast of 20.2 percent. (Reporting by Stephen Eisenhammer; Editing by David Gregorio)
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