Brazilian rebar prices stable in November amid adjustment rumors

Domestic rebar prices in Brazil were unchanged in early November, amid rumors of potential upswings.

Metal Bulletin’s monthly price assessment for Brazilian rebar was stable month-on-month on Friday November 10, at 3,250-3,410 Reais ($991-1,039) per tonne delivered, including local taxes. Long steel producer Gerdau is said to have announced a price increase of as much as 25% for its rebar products to the Brazilian...

Published

Ana Paula Camargo

November 13, 2017

17:30 GMT

São Paulo