Brazilian flat steel prices unlikely to rise in September: INDA

Despite some market participants claiming that Brazilian steel prices are expected to rise from September onward, national flat steel distribution association INDA said on Thursday August 24 that fundamentals show no room for an increase.

“Mills desire this to happen, but the conditions do not allow it,” INDA executive president Carlos Loureiro said in a press conference on Thursday.

Flat-rolled steel producer Companhia Siderúrgica Nacional...


Gabriela Brumatti

August 24, 2023

22:02 GMT

São Paulo