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16 Dec
09:54

Brazil’s November flats sales fall

Flat steel sales and purchases by Brazil’s distributors and service centres fell on-month in November, Kallanish notes. They could further decrease by -11% in December showing an imbalance between supply and demand and, therefore, imports might continue to increase by end-2020, the national steel distributors’ association Inda says. After the deceleration foreseen in December, Inda estimates an on-year sales growth of 8-10% in 2021. Demand is set …
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