Brazilian domestic flat steel prices drop amid low demand

Domestic prices of flat steel products in Brazil decreased in February while competition between producers increased in recent weeks and previously announced price increases were withdrew.

Steel producers tested an increase of around 10% last month, but sales fell sharply with many buyers concerned about rising inventories and low demand from end users.

As a result,...

Published

Felipe Peroni

February 13, 2023

20:22 GMT

São Paulo