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Brazilian steel sales fell by 9.1pct YoY in September 2012
Add Time：2012-10-27 01:11:00 Clicks：
Industry group Sindisider said that steel distribution companies in Brazil sold 353,800 tonnes of flat products in September 2012, a drop of 9.1% YoY from the 389,400 tonnes sold in the same month a year ago.
September 2012 sales were 6.6 less than the amount sold in August. Distributors also bought 9.7% less steel in September 2012 than in the previous month, pushing inventory down 1.4% MoM from August 2012 to 2.7 months of sales or 949,300 tonnes.
BTG Pactual analysts said last week that demand for both long and flat steel products, including coated and rolled steel, remains weak in Latin America's largest economy and would likely be affected by price rises.
