Flat-rolled steel sales from Brazilian distributors are forecast to decrease by 45% to 145,900 tonnes in April from 265,300 tonnes the previous month due to the impact of the Covid-19 pandemic, national flat steel distributors association Inda said on Thursday April 23.
If confirmed, the level will also represent a drop of 45.2% from 266,000 tonnes in April 2019.Steel distributors have been granting collective holidays after sales decreased sharply due to Covid-19. As a result, flat-rolled...