CSN will increase prices by 12.5% on April 1, 15th by 7.5% – Money Times
1 min read
The Companhia Siderurgica Nacional (CSN) (CSNA3On Tuesday, the 15th of its month, it announced to its customers that it would raise prices Solid in the next month.
There will be two adjustments, the first 12.5% from April 1, and the other on day 15, 7.5%. The modifications apply to hot rolled, cold rolled, galvanized and long steel.
CSN’s chief commercial officer, Luis Fernando Barbosa Martinez, told Broadcast, the State Group’s real-time news system, that the company is passing on increased costs for coal, which have risen in recent months.
In December, coal was priced at $320 a ton, and now it’s between $650 and $700 a ton.
Although coal is the main reason for the rising costs, ore also contributes, according to Martinez.
price iron ore negotiation in qingdao, ChinaClosed today (March 15) at $136.19 per ton.
Last month, CSN already notified customers in the flat steel distribution market that it was raising its prices with the withdrawal of discounts granted in the last two months of 2021.
“Entrepreneur. Music enthusiast. Lifelong communicator. General coffee aficionado. Internet scholar.”
