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19 Jul
09:20

Brazilian flat steel producers follow Usaminas price hike

Brazil’s large steel producers will follow the price increase for domestic flat product sales announced by Usinas Siderúrgicas de Minas Gerais (Usiminas), Kallanish learns from local distributors' association Inda. Usiminas’ 10.7% price hike will enter into force from 21 July. ArcelorMittal Brazil and Gerdau will raise their prices for distributors by 10% from 24 July and 1 August, respectively, says Inda. Companhia Sid…
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