Imports of Brazilian distributors in October fell 58.6% year-on-year

From: JUNNAN STEEL NEWS
publisher: Gloria Wong
Time: 2018-11-28
Summary: It was learned that the data released by Inda, the Brazilian steel distributors association, showed that the import volume of Brazilian distributors in October was down from the previous month.

It was learned that the data released by Inda, the Braziliansteel distributors association, showed that the import volume of Braziliandistributors in October was down from the previous month.

Imports of flats in October were 48,800 tons, down 58.6%year-on-year, down 57.7% from September.

However, sales of sheet metal distributors and servicecenters in Brazil increased in October. Inda data showed that plate sales inOctober reached 268,500 tons, an increase of 0.6% from 267,000 tons in the sameperiod in 2017 and an increase of 4.1% from September.

In October, Brazilian plate purchases increased by 3.7%year-on-year to 267,000 tons, an increase of 9.3% from September.

Although the sales performance in October was positive, theassociation predicted that sales and purchases in November will drop by about12%.

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