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24 Aug
08:26

Brazil's July flats sales increase, outlook positive

Flat steel sales from Brazil’s distributors and service centres rose sequentially in July, Kallanish notes. Shipments in August are expected to grow by 2.5% month-on-month. National steel distributors’ association Inda also reports purchases rising by 5%. In July, distributors’ sales totalled 315,300 tonnes, up 4.1% over the previous month and 20.6% more compared to 261,400t a year earlier. Seven-month sales reached 2.21 million tonnes,…
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