Distributor steel sales up 4% in Brazil as destocking persists, Inda says

  • Friday, August 23, 2019
  • Source:ferro-alloys.com

  • Keywords:Distributor steel, Brazil
[Fellow]Distributor steel sales up 4% in Brazil as destocking persists, Inda says.

[Ferro-Alloys.comSales volumes for Brazilian distributors of flat-rolled steel rose year-on-year in July for the fifth month this year, with figures recovering from a weak performance in 2018 and companies continuing to destock, national steel distributors’ association Inda said on Wednesday August 21.

An error in Inda’s press release for June meant that a year-on-year fall in sales that month was not widely noticed. Sales totaled 288,000 tonnes during July, up by 4.3% in comparison with 276,000 tonnes in the corresponding month a year before. June excepted, the sector has been reporting volume rises since February, albeit at a slower pace recently. Distributor sales volumes reached 1.96 million tonnes in January-July. (Metalbulletin)

 

  • [Editor:kangmingfei]

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