25
Jan
11:45
Imports may doom Brazilian price hike: Inda's Loureiro
Brazilian steelmakers will find it difficult to increase flat steel prices for distributors and service centres amid high imports, says the president of the national steel distributors’ association Inda, Carlos Loureiro.
Producers plan to lift their price levels by 5-7% in early February, Kallanish understands.
"With the current international prices, it will be tough for the market to absorb an increase,” Loureiro observes. “The negotiatio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous