Brazilian domestic flat steel prices dipped in November after a series of discounts and amid weakening market demand.
Steel producers started granting discounts on spot prices for coil in late September and October, which sparked a fight for market share among sellers, leading to additional price reductions.Fastmarkets' monthly price assessment for steel hot-rolled coil, domestic, monthly, exw Brazil decreased by 15.90% at the midpoint compared with the previous month, to 5,950-6,135...