Brazil’s auto sales may increase steel demand
Brazil's domestic automobile sales rose 8.6 percent year on year to 1.72 million units in 2005. The automobile sales are expected to show an upward trend in 2006, as well.
The expected increase in
Brazil's automobile sales may give a boost to the country's steel demand.
The automobile industry is one of the most steel-demanding sectors in
Brazil, especially in the flat steel segment.