Brazilian domestic rebar prices up in February amid higher offers

Prices of rebar in the Brazilian domestic market have risen by around 5-6% since the start of the year, with steelmakers struggling to apply previously announced price increases.

Fastmarkets’ latest price assessment for steel reinforcing bar (rebar) domestic monthly, delivered Brazil was 2,340-2,440 Reais ($543-566) per tonne on Friday February 14, up by 120 Reais per tonne from 2,220-2,320 Reais per tonne...

Published

Felipe Peroni

February 18, 2020

03:08 GMT

São Paulo