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Brazilian steelmaker Usiminas is currently operating at 42% of its rolling capacity for flat steel, chief executive officer Sergio Leite told reporters on the sidelines of the Brazilian Steel Conference on Wednesday August 21.

Brazilian steelmaker Usiminas is currently operating at 42% of its rolling capacity for flat steel, chief executive officer Sergio Leite told reporters on the sidelines of the Brazilian Steel Conference on Wednesday August 21. Weak market conditions were restricting the throughput at the company’s Cubatão and Ipatinga units, while global trade protectionism was preventing the…

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Holiday slowdown and continuing trade uncertainties curtail demand in Nordic markets

Business activity, in August, is generally subdued in the Nordic markets, as participants return from annual holidays. The US-China trade war continues to have a negative effect on sentiment. Reduced automotive production, principally in Germany, is starting to disturb other market sectors. Uncertainty surrounding Brexit is having a disruptive impact on trade flows. These factors…

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