According to report, Brazil’s steel mill announced the domestic steel price will be stable after the twice price increases since the beginning of 2013. HRC prices are around BRL1, 750~1,830/ton, as CRC is offered around RBL 2,102~BRL2, 160/ton. In addition, the domestic steelmaker Gerdau will commission its new flat rolling mill at its Ouro Branco plant in Minas Gerais state in mid-April. The new facility’s capacity will be 800,000 tons per year of HRC. And it also plans to produce heavy plates in two years.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63762&division=A2
