CSN to raise steel prices by up to 15% in Apr
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Update time : 2021-03-19 16:43:11
It was reported that the Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) decided to make further adjustments to its steel prices starting from April 1. The adjustment will be up by between 10% to 15% according to different types of steel.
Luis Fernando Martinez, CSN's commercial executive director, said that the decision was due to a series of factors: high steel prices in China, a devalued Brazilian currency against the dollar, high raw material prices, and strong demand in the Brazilian market for manufactured goods with steel, such as automobiles, freezers, refrigerators, and so on.
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