Brazilian flat steel sales down by 19.5% in January on high inventories

February 20, 2019 / www.metalbulletin.com / Article Link

Brazilian distributors' flat-rolled steel sales volumes fell by 19.5% year on year to 228,600 tonnes in January due to high inventories held by clients, figures from local flat steel association Inda show.

Domestic flat steel sales had totaled 283,800 tonnes in January 2018, Inda said on Tuesday February 19.Flat steel producers made an effort to increase sales in December, leaving buyers stocked, Inda president Carlos Loureiro said.Sales of zinc-coated steel...

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