[SMM Iron & Steel] Brazil’s Auto Production Falls 9.5% in April 2026 but Maintains Yearly Growth

Published: May 12, 2026 10:30
Brazil’s vehicle production reached 206,700 units in April 2026, marking a 9.5% decline from the 228,400 units produced in March, though it remained 13.1% higher compared to April 2025. Cumulative production for the first four months of 2026 totaled 745,400 units, a 6.3% increase year-on-year. The monthly contraction was primarily attributed to a lower number of working days in April. Despite the short-term dip, the overall upward trend in the automotive sector continues to support steady domestic demand for flat steel products, although the monthly volatility suggests a temporary cooling in the procurement pace of automotive-grade sheets.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[China Iron Ore Brief] Tangshan region iron ore concentrates prices may consolidate.
2 mins ago
[China Iron Ore Brief] Tangshan region iron ore concentrates prices may consolidate.
Read More
[China Iron Ore Brief] Tangshan region iron ore concentrates prices may consolidate.
[China Iron Ore Brief] Tangshan region iron ore concentrates prices may consolidate.
Iron ore concentrate prices in the Tangshan area edged down, with the current EXW price for 66-grade iron ore concentrates on a dry basis and tax-included at 950-955 yuan/mt. At mines and beneficiation plants, iron ore concentrate resources remain tight currently, but overall supply is relatively looser than in the previous period.
2 mins ago
[SMM HRC Arrivals] Arrivals Rebound From the Bottom This Week
19 mins ago
[SMM HRC Arrivals] Arrivals Rebound From the Bottom This Week
Read More
[SMM HRC Arrivals] Arrivals Rebound From the Bottom This Week
[SMM HRC Arrivals] Arrivals Rebound From the Bottom This Week
19 mins ago
"HRC Prices Rise, Cost Support Strengthens; Sheets & Plates to Consolidate Amid Off-Season"
41 mins ago
"HRC Prices Rise, Cost Support Strengthens; Sheets & Plates to Consolidate Amid Off-Season"
Read More
"HRC Prices Rise, Cost Support Strengthens; Sheets & Plates to Consolidate Amid Off-Season"
"HRC Prices Rise, Cost Support Strengthens; Sheets & Plates to Consolidate Amid Off-Season"
The most-traded HRC contract started stable then rose, closing at 3,244, up 0.22% DoD. In terms of supply, the impact from maintenance on HRC this week was 216,000 mt, down 39,900 mt WoW; next week’s impact is expected to be 116,100 mt, down 99,800 mt WoW, though production remained relatively low. On the demand side, end-users mainly concluded deals at low prices, the spot-futures price spread narrowed slightly, and some positions were added in the futures and physical markets. Raw material side, yesterday two authorities released the 15th Five-Year Plan for the coal industry, and coupled with the strong reality of a shortage in spot coking coal, bulls in the most-traded contracts aggressively bid up prices, lifting the cost support from coking coal and coke somewhat. Looking ahead, as sheets & plates themselves are still in the off-season, this will cap their rebound. However, considering that cost support from below is solid in the short term, sheets & plates are expected to consolidate on a strong note.
41 mins ago
Brazil’s vehicle production reached 206,700 units in April 2026, marki - Shanghai Metals Market (SMM)