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26 Jul
12:31

Brazilian flat product sales fall, market normalises

Flat steel sales by Brazil’s distributors and service centres fell month-on-month in June, Kallanish notes. Shipments in July are expected to decrease by 7.7% while purchases are seen almost flat. "There is practically no lack of raw materials," Inda`s president Carlos Loureiro comments. “There is no more buying phobia. The market saw a drop of margins and return to normal levels." Loureiro states that, given the expected large volume …
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