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Brazil's domestic flat steel sales fell in April

According to the Brazilian National Institute of Steel Distributors (INDA), Brazil's domestic flat steel sales fell on a monthly basis in April.

Brazil's domestic flat steel sales fell in April

Fewer working days and a weaker market in April this year led to a decrease in Brazil's domestic flat steel sales. The country's domestic flat steel sales stood at 301,100 tons, a decrease of 18.7% from March and 5% yoy.

INDA President Carlos Loureiro said that while he expected sales to increase by 3% in 2023, now he expects it to be 0% or between 1% and 1%.

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