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25 Jan
11:43

Brazil's December flat steel sales, purchases remain weak

Flat steel sales and purchases by Brazil’s distributors and service centres decreased in December. They are likely, however, to be higher in January by an estimated 20% month-on-month, Kallanish notes. In December, distributors’ sales totalled 263,600 tonnes, down 19.7% from the previous month but 12.6% more than 257,000t a year earlier. Cumulative shipments totalled 3.8 million tonnes, which was growth of 1.9% compared with 2022. From total sales, hot…
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