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In 1994 Belgo-Mineira produced 1.1 3Mt of raw steel, a record output and an increase of 19% over the 948,000t produced in 1993. Rolled products topped 975,000t, up 18%. Drawn products reached 440,000t, 12% more than the previous year.
Domestic market sales reached 819,000t, up 38% over 1993 figures, while exports totalled 218,000t (10% down in volume over the previous year), earning revenues of R$70.4M. These were channelled mainly to customers in Asia (33% of total volumes), North America (30%) and South America (30%).
The largest wire producer in the Americas, Belgo-Mineira consists of four plants: a steelmill and two wire drawing plants in Minas Gerais, and...