On Thursday January 4, Metal Bulletin amended its Brazilian domestic steel prices to reflect standard market practices, making changes to the calculation of its monthly assessments.
Previously, all Brazilian domestic flat steel prices - Brazil domestic cold-rolled coil (CRC), ex-works, Reais per tonne, monthly; Brazil domestic hot-dipped galvanized coil (HDG), ex-works, Reais per tonne, monthly; and Brazil domestic hot-rolled coil (HRC), ex-works, Reais per tonne, monthly - included federal taxes (called PIS/COFINS).Meanwhile, the local rebar price - Brazil domestic rebar, delivered, Reais per tonne, monthly -...