Brazil steel rebar prices rise amid push from larger mills

Domestic prices for steel rebar in Brazil were slightly up for December purchases amid a persistent push from mills to increase their offers to distributors, but some steelmakers were still giving discounts at limited volumes, Fastmarkets has heard.

Fastmarkets assessed the price for steel reinforcing bar (rebar) domestic monthly, delivered Brazil at 3,840-4,020 Reais ($783-819) per tonne on Friday December 8, up by 0.45% month on month, widening...

Published

Renato Rostás

December 08, 2023

21:48 GMT

São Paulo