Brazil's steel prices showed product-based changes in the new week. While some products experienced a decrease, prices increased for others.
Brazilian slab prices decreased in the new week
The slab prices, which remained stable at the beginning of last week, started this week with a decrease and fell from $895.00 to $875.00.
While stability continues for pig iron, there has been an increase in prices this week
Brazil's pig iron prices closed last week at $545.00. At the beginning of this week, they were at $553.00, showing an increase of $8.00.
There has been no change in iron ore prices
Last week, rebar prices in Brazil ended at $545.00 and at the beginning of this week, they increased to $553.00, indicating an $8.00 increase.
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