Brazilian domestic flat steel prices increased this month, while producers have already started negotiating a second price increase for March.
Fastmarkets' price assessment for steel hot-rolled coil domestic monthly, exw Brazil was 2,470-2,610 Reais ($575-607) per tonne on Friday February 14, up from 2,245-2,425 Reais per tonne on January 3.The assessment for steel cold-rolled coil domestic monthly, exw Brazil, went up to 2,745-2,800 Reais ($639-651) per tonne on February 14, from 2,470-2,530 Reais per tonne previously, while that for...