Brazilian flat steel distributor sales decline 27.7 percent in September

Wednesday, 27 October 2021 20:13:41 (GMT+3)   |   Sao Paulo
       

Brazilian flat steel sales by local distributors in September decreased 27.7 percent, year-over year, but increased 6.2 percent, month-over-month, to 291,500 mt, the local association of flat steel distributors, Inda, said this week.

According to Inda, purchases of flat steel products in September by Brazilian distributors dropped 12.7 percent, year-over-year, and 8.6 percent, month-over-month, to 276,600 mt.

Flat steel inventory in September fell 1.8 percent, month-over-month, to 833,200 mt. Inventory turnover in September declined to 2.9 months, from 3.1 months in August this year.

Imports of flat steel products by Brazilian distributors in September grew 124.9 percent, year-over-year, but declined 11.8 percent, month-over-month, to 167,300 mt.

Inda forecasted both the sales and purchases of flat steel products by distributors in October will decline 5 percent, on a month-over-month basis.


Similar articles

US sheet prices tick up modestly ahead of Easter weekend

28 Mar | Scrap & Raw Materials

Mexican steel plate consumption decreases 4.1 percent in January

28 Mar | Steel News

US ITC votes to maintain AD order on clad steel plate imports from Japan

28 Mar | Steel News

US HDG imports up 10.6 percent in February

28 Mar | Steel News

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Chinese HDG export prices mainly stable, with negative bias in some offers

28 Mar | Flats and Slab

European HRC prices keep falling, demand still shows signs of fatigue

28 Mar | Flats and Slab

Vietnam’s Hoa Phat and Formosa seek AD investigation on Chinese HRC

28 Mar | Steel News

Ex-India HDG and CRC prices edge down, trade remains in doldrums

28 Mar | Flats and Slab

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet