Sales of flat-rolled steel by Brazilian distributors showed a rapid recovery in June, with volumes up both month on month from May and from June 2019, according to data from national distributors' association Inda.
Distributors sold 290,500 tonnes of flat steel in June, up by 17.4% from 247,500 tonnes a year before, Inda said on Tuesday July 21. This volume was also up by 38.5% compared with 209,800 tonnes in May.Regional restrictions to combat the spread of the Covid-19 pandemic were still apparent during May, according to the association. The effect of these started to fade from June onward,...