Recently, the Brazilian hot volume prices keeps steady, the market is discussing the possibility of July price increases, the possibility of price increases is expected to be small.

Usiminas Steel said it was re-evaluating the trend of rising coil prices, although Usiminas Steel did not disclose specific information, but according to local media news, the adjustment may be about 5%. However, the buyer said that the possibility of price increases in July is minimal, the lack of support for price increases, because the market demand is weak, and from the short term, the possibility of demand to pick up is not big. In addition, the steel mills are offering discounts, discounts on large volume transactions are very impressive, even if the price increase of 5%, then in fact the steel prices sought by the rate of increase is limited.

At present, the Brazilian domestic hot volume ex-factory price of 2085 reais / ton (625 US dollars / ton), excluding tax.