Brazilian flat steel sales volumes begin to stabilize, prices likely to flatten

Flat steel sales from Brazilian distributors increased by 3.3% year on year in June; volumes began to stabilize after strong growth in the first half of 2021, flat steel distributors association Inda has said.

Flat steel sales volumes from distributors reached 300,000 tonnes in June, up from 290,500 tonnes in June 2020.
The association reports a deceleration in sales growth due to recovering steel supply after a period of tight supply.

“Steel consumption is beginning to stabilize after a growth in the first half of the year,” Inda president Carlos Loureiro said on Tuesday July...

Published

Felipe Peroni

July 21, 2021

15:01 GMT

São Paulo