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25 Aug
09:30

Brazilian flat steel market normalises, July sales decelerate

Flat steel sales by Brazil’s distributors and service centres are expected to be almost equal year-on-year in 2021. So says Carlos Loureiro, president of local steel distributors' association Inda. Inda has revised its previous forecast of 5% annual growth after flat steel sales in July registered a drop of 12.8% and 24% month-on-month and on-year, respectively. Shipments in August are expected to decrease by 1.9% m-o-m, while purchases are seen falling …
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