Brazil's Usiminas increases flat steel prices by 13% for distributors

Brazilian steelmaker Usiminas has increased its flat steel prices for the domestic distribution chain by 13%, sources told Metal Bulletin this week.

The adjustment, valid for hot-rolled coil (HRC), cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG), comes into effect on January 29, the market participants added.

“The reasons behind Usiminas’s price increase are similar to the ones that led...

Published

Ana Paula Camargo

January 16, 2018

16:37 GMT

São Paulo