Brazilian domestic coil prices largely stable after successful increase

May 07, 2019 / www.metalbulletin.com / Article Link

Prices for flat steel products in the Brazilian domestic market remained largely unchanged this month as local steelmakers successfully applied a price increase for distributors.

Fastmarkets' monthly price assessment for Brazilian domestic hot-rolled coil was at 2,560-2,610 Reais ($650-662) per tonne ex-works on Friday May 3, unchanged from April's assessment. Fastmarkets' monthly price assessment for hot-dipped galvanized coil remained at 3,295-3390 Reais per tonne ex-works on Friday.Fastmarkets assessed domestic cold-rolled coil at 2,800-2,840 Reais per tonne ex-works...

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