Brazilian steelmaker Cia Siderurgica Nacional (CSN) plans to increase its flat steel prices to distributors and industrial clients by 7.5-10% by June due to the devaluation of the local currency and higher international prices.
The company announced at the end of March that it would increase flat steel prices by 7.5% in June. At that time, the upswing was driven by an improved domestic market and higher global international prices."Since the [US] dollar...