Brazilian flat steel producers follow price rises from CSN, Usiminas

Brazilian flat steel producers have all applied price adjustments on material supplied to distributors this month, according to the country’s flat steel association, Inda.

ArcelorMittal and Gerdau have passed on increases of 12% and 12.50%, respectively, in flat steel goods in January, following publicly announced price rises of 12% from CSN and 13% from Usiminas earlier this month.
The domestic price of flat steel in Brazil will closely follow international prices, according to the association.

“If there are no further price increases in the...

Published

Felipe Peroni

January 23, 2018

20:08 GMT

São Paulo