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Brazil's CSN to hike prices for second time this year-sources
March 5, 2013 / 1:15 PM / 5 years ago

Brazil's CSN to hike prices for second time this year-sources

SAO PAULO, March 5 (Reuters) - Cia. Siderúrgica Nacional SA , Brazil’s No. 2 producer of flat steel products, is announcing a price increase between 6 percent and 8 percent at the distribution level, sources familiar with the situation told Reuters.

The price increase will be the second this year, following a hike in January, said the sources, who are not allowed to publicly speak about the issue. The new price hike takes effect March 12, they added.

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