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Brazil steel distributors see little room for price cuts

Mr Carlos Loureiro, the president of steel distributor group INDA as saying that Brazilian steel distributors see little room to cut prices to boost sales in the face of weak domestic demand. Source – Reuters Zhejiang Yaang Pipe Industry Co., ...

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Brazil steel distributors give pessimistic outlook for this year

Sales of flat steel products in Brazil will remain sluggish this year, making distributors pessimistic about the outlook for prices and profit margins. Mr Carlos Loureiro president of industry group Inda said that “Mills are struggling with smaller orders and ...

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