According to data from Brazil's National Institute of Steel Distributors (INDA), the domestic sales of flat steel in June were around 303,000 tons, a drop of 2.9% compared to the previous month, but there was an increase of 1% compared to the same month of last year.

Flat steel purchases in June fell by 13.9% to 316,000 tons from May. Compared to June last year, the purchases dropped by 9.1% to 347,000 tons.

Compared with June, INDA expected both flat steel sales and purchases in July to increase by 3% and 1.5%, respectively.