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National Holidays and General Elections Stifle End-User Demand in Emerging Markets

Date: 2019-07-01
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In Brazil, the level of activity varies considerably, depending on region and sector. The Instituto Nacional dos Distribuidores de Aço (Inda) reports that, in April 2019, domestic flat rolled finished steel sales totalled 266,000 tonnes – up 18.1 percent, compared with the corresponding figure in the previous year. However, the association is forecasting that, both sales and purchases of flat steel products, will decline by 5 percent, month-on-month, in May. 

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