Flat steel prices in Brazil's domestic market have increased for the fifth month in a row, with supply remaining scarce amid low inventories.
Steelmakers have applied price increases ranging from 8-15% this month, depending on the product, with local distributors having trouble restocking amid longer-than-usual lead times.Fastmarkets' monthly assessment for steel hot-rolled coil, domestic, monthly, exw Brazil was at 4,030-4,120 Reais ($744-761) per tonne on Friday November 13, up by 13.8% from...