Brazilian flat and long steel producer Companhia Sider??rgica Nacional (CSN) will increase its prices in November for flat steel products by 7.5-10%, and for rebar by 10%, because of recovering demand and the high prices of imported material.
"The current premium [the difference between prices of domestically produced and imported material] for hot-rolled coil is a negative 5-10%, which allows us to increase prices," commercial executive director Luis Fernando Martinez said on Friday October 16.The company will increase by 10% the prices of hot-rolled coil, cold-rolled coil and rebar, while prices of zinc coated coil products will be increased by 7.50%....