Brazilian flat steel domestic prices down on inventory discounts

Flat steel prices in the Brazilian domestic market have fallen in early September, with sellers granting discounts on large batches of inventory material, sources have told Fastmarkets.

Fastmarkets’ price assessment for steel hot-rolled coil, domestic, monthly, exw Brazil, was 2,250-2,470 Reais ($549-603) per tonne on Friday September 6, down from 2,470-2,517 Reais per tonne a month earlier. The price assessment for steel cold-rolled coil, domestic, monthly, exw Brazil, dropped to 2,500-2,655 Reais per tonne on Friday, compared with 2,655-2,745 Reais per tonne a...

Published

Felipe Peroni

September 06, 2019

18:12 GMT

São Paulo