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18. February 2013

Brazil imports of steel flats may slump by 50% in 2013

According to a forecast made by the Brazilian flats distributor group, Brazil’s imports of steel flats may slump by 50% in 2013.

It’s known that Brazil’s imports of steel flats have showed a slowdown since last December. The country’s imports of steel flats dropped by 28.3% month on month to 79,100 tonne in last December.

In 2012, the country’s imports of steel flats amounted to 1.64 million tons, falling from 1.94 million tonne in a year ago.

However, it’s expected that the shipments of steel flats from the domestic producers including Usiminas, CSN and ArcelorMittal Tubarão would rise by 6% to 8% in 2013.

It’s learned that the three Brazilian steelmakers shopped around 11.3 million tonne of steel flats to the domestic market in 2012, up by 0.4% from 2011.

Source - yieh.com

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