Brazil’s flat steel distribution sales seen growing 2% in ’12

Nov 08, 2012 | 12:22 PM | Ana Paula Camargo

Tags  Carlos Loureiro, Inda, flat-rolled steel, distributors, service centers, Minas Gerais, Ana Paula Camargo

SÃO PAULO — Sales by Brazilian flat steel distributors and service centers are expected to increase about 2 percent this year, according to Carlos Loureiro, president of Brazilian steel association Inda.

Flat steel sales are estimated to reach 4.37 million tonnes compared with 4.29 million tonnes in 2011, Loureiro told AMM sister publication Steel First.

A previous forecast of 6-percent growth was hit by the weak performance of the Brazilian industrial sector. "We couldn’t imagine that Brazil’s industrial activity would perform so badly in 2012," Loureiro said. ....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events