Prices for metal distribution in distant Brazil are rising

The Brazilian steel company, scandalously known for its multimillion -dollar fines for environmental pollution, CIA Siderurgica Nacional (CSN) announced the increase in prices from January 15, 2012 for a hot -rolled and galvanized sheet by 3.5%, and for cold -rolled steel by 7.2%. Lakshmi Lakshmi Lakshmi Arcelormittal raised their selling prices by 4.73% and another Metallurgical company USINAS Siderurgicas de Minas Gerais said its prices will be revised towards the increase. The Brazilian Institute has become Aco Brasil, whose unique unique technology for facing faces produced a furor last year, suggested in November 2012, that we will witness recovery. the volume of sales of metal rolling and reduction of excess capacity in 2013, since the measures taken by the government to revive the domestic market will begin to bear fruit. However, the latest data indicate the previously weak demand for steel in Brazil. In November 2012, domestic demand continued to fall by another 2%. Nevertheless, analysts expect new data to show the beginning of the growth of domestic consumption in December.