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World News
Brazilian steel price difficult to recover until March next year
The Brazilian steel exporters have faced many difficulties in Octorber as demand from abroad dropped, but mostly low bid from abroad.
It is known that the East Asian clients bid Brazilian steel at $ 500/tons fob. In the predicted demand and steel price this South America nation''s hard to recover until the end of March in next year.

In October this year, Brazil exported 5979 tons of embryos, down 87.6% from 48.000 tons in September, of which exports to Argentina accounted for 5196 tons with an average of $570/ton.

Source: Satthep

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