Brazilian flat steel distributors have reported a 13.8% year-on-year increase in sales volumes during December 2020, with full-year 2020 figures rising by 6.6% over 2019, national distributors' association Inda said on Tuesday January 19.
Distributors sold 288,000 tonnes of flat-rolled steel in December last year, up from 253,200 tonnes a year before. In 2020 as a whole, sales volumes were 3.62 million tonnes, up from 3.39 million tonnes in 2019.Purchases were also up, totaling 333,200 tonnes in December, growth by 14.4% in comparison with 291,300 tonnes in the corresponding month of the previous year. Full-year 2020 purchases amounted to 3.46 million tonnes, rising by 9.1% from 3.18 million...