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22 Mar
11:57

Brazil's monthly flats sales drop, outlook positive

Flat steel sales and purchases by Brazil’s distributors and service centres fell sequentially in February, Kallanish notes. According to the national steel distributors association Inda, sales should grow in March, with an estimated increase of 6% month-on-month, while purchases will remain approximately unchanged. In February, distributors’ sales totalled 307,300 tonnes, down 6.8% from January but 4.4% higher compared with 294,500t a year ea…
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