Steel distributors expect a 45% fall in April

Steel distributors expect a 45% drop in purchases and sales in April, according to a survey released on Thursday, 23, by the National Institute of Steel Distributors (INDA). In April, steel demand fell sharply, which led mills to decide to quell ovens. Imports made by the chain ended March with a decrease of 9.6% in relation to the previous month, with a total volume of 58.5 thousand tons.

Source: Agencia Estado