Factiva: "Brazilian steelmaker CSN has been discounting its coiled tinplate prices for local distributors by 10%, in an effort to meet competition from imports, Steel Business Briefing learns from a domestic source.
According to the source, coiled tinplate is currently being sold for R$3,700-3,800/tonne (US$2,145-2,203/t), including taxes and truck freight. Imported tinplate offers are cheaper than domestic material, so this rebate has became necessary due to import pressure.
The source believes, however, that the discount will not be extended, since foreign producers have already announced a 5% hike on tinplate prices for December, SBB notes"
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment