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Brazilian steelmaker CSN to raise steel prices in Nov - exec

Brazilian steelmaker Companhia Siderurgica Nacional will raise steel prices by 10%, starting in November, as the company sees strong demand for its products in Brazil, an executive said in a conference call on Friday.

SAO PAULO, Oct 16 (Reuters) - Brazilian steelmaker Companhia Siderurgica Nacional CSNA3.SA will raise steel prices by 10%, starting in November, as the company sees strong demand for its products in Brazil, an executive said in a conference call on Friday.

Director Luiz Fernando Martinez said CSN is also in talks with carmakers to raise steel prices by at least 30%.

(Reporting by Alberto Alerigi, writing by Carolina Mandl; editing by Stephen Eisenhammer)

((carolina.mandl@thomsonreuters.com; +55 11 5644 7703; +55 11 97116-3806;))

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