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19 May
07:15

Brazilian steelmakers prepare new flats price increases

Brazilian mills will raise their flat steel prices for distributors and service centres next month, according to national steel distributors’ association Inda president Carlos Loureiro. Since the beginning of this year, these have already seen an upward adjustment of 50-52%. A new 10-15% flat steel price increase should be implemented in June and July, Kallanish notes. “Some large producers are talking about a new hike, such as CSN, which estimates it…
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