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29 May
08:26

Brazil's April flats sales drop, outlook positive

Flat steel sales and purchases by Brazil’s distributors and service centres fell sequentially in April, Kallanish notes. However, they should rise in May, with an estimated increase of 6% month-on-month, says national steel distributors’ association Inda. In April, distributors’ sales totalled 301,100 tonnes, down 18.3% over the previous month and 0.5% less than 302,700t a year earlier. Cumulative shipments totalled 1.27 million tonnes, which was…
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