Brazilian flat steel sales up 3% amid occasional price discounts

Flat steel sales from Brazilian distributors increased by 3% year on year in November, amid a slow recovery in the steel market.

Sales from distributors amounted to 262,100 tonnes last month, compared with 254,400 tonnes in November 2017, the Brazilian flat steel distributors association (Inda) said on Tuesday December 18. Flat steel consumption in Brazil is mostly being spurred by a positive performance in the capital goods sector. "Producers of yellow goods, which are used in construction, are performing well," Inda...

Published

Felipe Peroni

December 18, 2018

19:20 GMT

São Paulo