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21 Dec
10:13

Brazil’s steelmakers lift flats prices in January: Inda

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. Gerdau plans to lift levels by 12.5% in early January, while CSN's hike is set to be around 10%, as announced during the last meeting with investors and analysts, Kallanish notes. “It would not be a price increase, but more a reduction of discounts granted througho…
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