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15 Apr
10:02

Brazil price hike to affect buyers in May

The Brazilian market should feel the effects in May of the recent steel price increases implemented by large local mills, Kallanish notes. Domestic mills adjusted their prices by almost 20% on average of hot and cold rolled coil, long products, as well as galvanized steel for distributors and service centres since the beginning of April. The increase reflects the withdrawal of the price concessions of between 5-10% granted to clients, as well as steelmakers’…
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