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21 Apr
08:38

Brazil flats sales grow, prices seen rising further

Flat steel sales and purchases by Brazil’s distributors and service centres rose both on-month and year-on-year in March, Kallanish notes. Shipments in April, however, could decrease by 5% on-month, while purchases are seen almost flat. The domestic market is still trying to establish a balance between steel supply and demand, while distributors have adopted a strategy of maintaining low inventories, according to national steel distributors’ associatio…
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