High steel inventory to hurt Brazil sales-Usiminas

Newswire

SAO PAULO, July 29 (Reuters) - Usiminas , Brazil's largest maker of steel for the auto industry, expects steel sales volumes in Brazil's market to suffer throughout the third quarter because of excess inventory and limited storage capacity, Sergio Leite, head of business for Usiminas, told analysts in a conference call. (Reporting by Alberto Alerigi Jr.; Writing by Guillermo Parra-Bernal)

Premium Content (PAID Subscription Required)

"High steel inventory to hurt Brazil sales-Usiminas" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×