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01 Mar
10:01

Brazilian flats sales recover in January, outlook negative

Flat steel sales and purchases by Brazil’s distributors and service centres rose on-month in January, Kallanish notes. These, however, should move down in February, with an estimated fall of 15% month-on-month. January domestic sales totalled 311,200 tonnes, up 21.1% on December and 4.3% higher compared to 298,500t a year ago. Brazilian distributors purchased 319,800t of flat products during the first month of 2023, an increase of 31.7% on-month. …
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