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Colombia's flat steel prices stable, uptrend in sight

February 10, 2012 - 15:30 GMT Location: São Paulo

KEYWORDS: Colombia , flat steel , HRC , CRC , steel distributor , price

Colombia’s steel distributors believe the strength of the country’s peso against the US dollar could push domestic flat steel prices up in the coming months.

That would represent a big change following a stability trend over the last few months, local distributors told Metal Bulletin. Currently, hot rolled coil (HRC) is being sold by distributors for some $950-1,000 per tonne, while cold rolled coil (CRC) is at $1,100-1,150 per tonne, a...

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