Brazilian domestic flat steel prices rise, follow uptrend in import prices

Domestic prices of flat steel products in Brazil increased in April as producers have been pushing for a readjustment after prices of imported material soared in the first quarter of the year.

Fastmarkets' monthly price assessment of Brazilian domestic hot-rolled coil was 2,560-2,610 Reais ($662-675) per tonne ex-works on Friday April 5, up from 2,425-2,470 Reais per tonne on March 1. The assessment for domestic cold-rolled coil reached 2,750-2,840 Reais ($711-735) per tonne, up from 2,655-2,745 Reais per tonne one month earlier, while hot-dipped galvanized coil went up to...

Published

Felipe Peroni

April 05, 2019

21:59 GMT

São Paulo