According to Goldman Sachs analysts, Brazilian steel rental manufacturers will probably increase their prices for flat rental of ordinary brands for auto -building by 5 percent of the year.
At the beginning of this year, the Brazilian automakers managed to conclude very favorable long -term contracts with metallurgists, the agency writes, but the prices should be revised since today the Brazilian auto industry acquires metal rolling at prices at 10 percent lower than the market.
This state of affairs is “unusual” was emphasized in the largest Met compartment of the USMINAS country, which is the supplier of the autolist and receives more than a third of his income from these sales.
The price of steel in Brazil will increase by the end of 2013 by 5 percent - Goldman Sachs
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