Brazilian flat steel producers raise prices but demand weakens

April 13, 2021 / www.metalbulletin.com / Article Link

Brazilian flat steel makers applied a new round of price increases in the first week of April, sources have told Fastmarkets.

Sellers have been announcing increases of 5-12% in the first two weeks of the month, market sources said.
Fastmarkets' monthly price assessment for steel hot-rolled coil, domestic, monthly, exw Brazil, reached 6,133-6,224 Reais ($1,079-1,095) per tonne on Friday April 9, up by 5-6% from 5,848-5,858 Reais per tonne a month earlier.
Fastmarkets' Brazilian domestic flat steel prices are assessed with taxes not included.

The corresponding price assessment for steel cold-rolled coil, domestic, monthly, exw Brazil, reached 6,865-7,323 Reais per tonne on Friday, up...

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok