Trade Resources Market View Sales Revenue of Flat Products in The Brazilian Totaled at 409,600 Thousand Tons

Sales Revenue of Flat Products in The Brazilian Totaled at 409,600 Thousand Tons

It is learned that sales revenue of flat products in the Brazilian distributors network totaled at 409,600 thousand tons, which means a strong increase of 15.8% compare to the same month in 2012. However, according to local steel institution INDA's data, the sales in September was down by 3.4% compare to this August. As for the stocks in September, it was 1.125 million tons totally, an up of 18.6% compare to same month last year; the inventory turnover remained at 2.7 months. In late June, INDA reduced its outlook for sales growth in 2013 from 6% to 2.5%, after a weak performance in the first half of this year which the market fell by 1.7% over the same period in 2012.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66861&division=A2
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Brazilian Distributors' Sales of Flat Product Was up by 15.8% in September
Topics: Construction