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29 Jan
13:02

Brazilian steelmakers evaluate price hikes

Brazilian steel producers are in the process of announcing new price increases to their main local buyers and distributors, Kallanish notes. The planned readjustment is for both flat and long steel. “This increase in prices follows the recovery of raw material prices and growing local demand,” according to representatives from the domestic automotive sector. “Despite the gap between domestic and imported steel prices, the tightness in domest…
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