Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) was close to concluding negotiations with automotive producers to raise its prices for steel under annual contracts in 2021 by 30-45% across different products, commercial director Luis Martinez said on Thursday December 10.
For hot-rolled coil, the increase was expected to be 40-45%, while the company was aiming for a 30-35% rise for galvanized steel, Martinez said during an investor meeting.Fastmarkets' index for...