[Brazilian Steel Distributors Benefit From Antidumping Measures on China]

Published: Jun 26, 2026 14:58
Brazilian distributors sold 341,300 tonnes of steel in May, while purchases rose to 340,600 tonnes. Inventories stayed at 1.157 million tonnes, equal to 3.4 months of consumption. April imports fell to 120,900 tonnes, and May imports dropped 71.1% YoY. With fewer low-priced Chinese imports, price support is improving, especially for Galvalume, and INDA expects Brazil’s steel market to recover moderately in H2."

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Brazilian distributors sold 341,300 tonnes of steel in May, while purc - Shanghai Metals Market (SMM)