Brazilian flat steel sales up 3.40% in March, led by automotive demand

By Felipe Peroni / April 24, 2018 / www.metalbulletin.com / Article Link

Brazilian flat steel sales increased by 3.40% year-on-year in March, amid a slower-than-expected recovery in steel demand, according to national flat steel association Inda.

Sales from distributors amounted to 262,900 tonnes last month, compared with 254,200 tonnes in the corresponding period in 2017, Inda said on Tuesday April 24."The recovery of the steel market has lost steam," Inda president Carlos Loureiro said.Last month, Inda expected...

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