Brazilian domestic flat steel prices stable amid strong competition, weak demand

Prices for steel coil products in the Brazilian domestic market remained unchanged this month, with producers encountering difficulty when trying to increase prices amid tough competition and weak steel demand.

Fastmarkets’ assessment of the price for steel hot-rolled coil, domestic, monthly, exw Brazil, was 2,517-2,565 Reais ($658-671) per tonne on Friday July 5, stable from a month earlier. The assessment for steel cold-rolled coil, domestic, monthly, exw Brazil, remained at 2,700-2,745 Reais per tonne, while that for steel hot-dipped galvanized coil, domestic, monthly, exw Brazil,...

Published

Felipe Peroni

July 08, 2019

18:02 GMT

São Paulo