The Brazilian Ministry of Health reported on the 30th that there were 33,274 newly diagnosed cases, the largest increase in a single day, with a total of 498,440 confirmed cases; 956 new death cases and a cumulative death of 28,834. However, in recent days, many states in Brazil have decided to start relaxing epidemic prevention measures and gradually resume business activities.
Brazilian Iron and Steel Association: Brazil ’s crude steel output fell 39% year-on-year in April to 1.811 million tons; April steel sales fell 35.6% year-on-year.
Industry insiders said that, affected by the epidemic, Brazil's economy will fall into a "recession" again this year. The latest financial market forecast is that Brazil ’s economy will decline by 5.89% this year. If the forecast is true, it will be the worst annual performance of the Brazilian economy since 1901.
