FOREX TradingCharts.com

Financial News: BRAZIL: INDA May Revise Down Forecast For Steel

BRAZIL: INDA May Revise Down Forecast For Steel Sales High In 2018

04/24/2018 - 16:18:00 (RTTNews)

(RTTNews) - Brazil's National Institute of Steel Distributors (INDA) may revise down its forecast for steel sales this year in the face of a slowdown in the pace of economic growth, said the entity's chairman, Carlos Loureiro.

In the first quarter of 2018, sales rose 13.8% over the same period of the previous year. However, Loureiro believes that keeping a more than double-digit sales growth in 2018, as predicted at the end of 2017, should not be possible.

"We have had a growth projection above 10%, and now I think it is too optimistic," he said. "We are feeling this message, and we should revise the projection in May."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia's Consumer Confidence Improves Further (15 min(s), 38 sec(s) ago)
(RTTNews) - Australia's consumer confidence improved for the sixth straight time during the we ...Full Story»

BRAZIL: Stocks Fall As Ibovespa Hits Lowest Level Since February (48 min(s), 22 sec(s) ago)
(RTTNews) - Ibovespa, the benchmark stock market index in Brazil, fell for the third straight sess ...Full Story»

ARGENTINA: Merval Falls After Rising In Eight Straight Sessions (04 min(s), 22 sec(s) ago)
(RTTNews) - After rising in eight consecutive sessions, Merval, the benchmark stock market index i ...Full Story»

COLOMBIA: Colcap Falls To Lowest Level In More Than A Month (49 min(s), 22 sec(s) ago)
(RTTNews) - Colcap, the benchmark stock market index in Colombia, fell for the fourth straight ses ...Full Story»

BRAZIL: DI Rates End Lower Before Copom Minutes And Eyeing Treasury Action (31 min(s), 22 sec(s) ago)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil ended lower, weighed ...Full Story»

Japan Supermarket Sales Data Due On Tuesday (30 min(s), 22 sec(s) ago)
(RTTNews) - Japan will on Tuesday release April figures for supermarket sales, highlighting a ligh ...Full Story»

(UPDATE) BRAZIL: Candidate Ciro Gomes Defends Tax On Financial Transactions (18 min(s), 22 sec(s) ago)
(RTTNews) - Ciro Gomes, the only Brazilian presidential candidate to show increasing popularity am ...Full Story»

BRAZIL: There Is No Room To Cut Fuel Taxes, Minister Says (08 min(s), 22 sec(s) ago)
(RTTNews) - There is no room to cut fuel taxes in Brazil at this time, said the country's Fina ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia's Consumer Confidence Improves Further

05/22/2018 - 00:15 AM (RTTNews)
(RTTNews) - Australia's consumer confidence improved for the sixth straight time during the we ...Full Story>>

BRAZIL: Stocks Fall As Ibovespa Hits Lowest Level Since February

05/21/2018 - 19:19 PM (RTTNews)
(RTTNews) - Ibovespa, the benchmark stock market index in Brazil, fell for the third straight sess ...Full Story>>

ARGENTINA: Merval Falls After Rising In Eight Straight Sessions

05/21/2018 - 18:35 PM (RTTNews)
(RTTNews) - After rising in eight consecutive sessions, Merval, the benchmark stock market index i ...Full Story>>

COLOMBIA: Colcap Falls To Lowest Level In More Than A Month

05/21/2018 - 18:20 PM (RTTNews)
(RTTNews) - Colcap, the benchmark stock market index in Colombia, fell for the fourth straight ses ...Full Story>>

BRAZIL: DI Rates End Lower Before Copom Minutes And Eyeing Treasury Action

05/21/2018 - 18:02 PM (RTTNews)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil ended lower, weighed ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.