Brazilian domestic rebar price slightly down on discounted deals

Domestic reinforcing bar prices were slightly down in Brazil for the month after some customers were granted discounted deals, despite the price increase implemented in February still being in effect.

Fastmarkets’ price assessment for steel rebar domestic monthly, delivered Brazil was 2,310-2,450 Reais ($475-504) per tonne on Friday March 13, falling at the midpoint of the range from 2,340-2,440 Reais per tonne the month before.

Some construction sites had to stop activity last month amid heavy rainfall, particularly in south-eastern Brazil, although most works are...

Published

Renato Rostás

March 16, 2020

15:45 GMT

São Paulo