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According to data from the Brazilian Steel Distributors Association (INDA), sales of flat steel products by Brazilian distributors rose by 18.4% year-on-year in March to 351,900 tonnes, up from 297,200 tonnes in February. S220GD+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , On the same comparative basis, purchasing volumes by INDA-affiliated distributor chains increased by 16% to 354,800 tonnes, while inventory levels rose by 0.2% to 1.138 million tonnes—equivalent to 3.2 months of consumption. Although this figure is lower than the 3.8 months of consumption recorded in February, the industry still considers it high, as it exceeds the benchmark of 2.8 months. Imports fell by 33% in March to 271,400 tonnes, covering products such as heavy plates, hot-rolled coils (HRC), cold-rolled coils (CRC), galvanized sheets, hot-dip galvanized (HDG) sheets, pre-painted sheets, and Galvalume.
According to INDA Chairman Carlos Loureiro, the volume of imports of Chinese coated coil and flat products is expected to drop sharply in April, following the expiration of the period during which these products could clear customs without incurring anti-dumping duties. S220GD+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Comparing March 2026 to March 2025, sales rose by 6.1% and procurement volume increased by 7.3%, while import volume fell by 21%. INDA projects that in April 2026, both procurement and sales volumes will decline by 7.5% compared to March 2026.
