Domestic prices for Brazil's domestic hot-rolled coil were stable during the week ended on November 11, market sources reported. According to a trader, mills are attempting to implement the latest last price hike announcement effective immediately, but he doesn't see it sticking completely. "For the current moment, I don't see a real chance for the hike to be fully implemented. But if the Real continues devaluating against the dollar, then we will have a new scenario."
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