25
Nov
10:00
Gerdau to increase long steel prices in Brazil
Brazilian steelmaker Gerdau has prepared a price increase of all long steel products to its distribution network between 8% and 12%, Kallanish learns from an analyst`s report. The new price levels will be implemented as from the beginning of January. The rise was also confirmed to local media through Brazil`s distributors' association (Inda).
According to Inda, Gerdau has increased its prices for the domestic market by only 3% of the…
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Anonymous
Very good overview of the weekly steel market.
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