South America's HRC, CRC prices rise on higher Chinese offers

Import prices for both hot and cold rolled coil in South America increased again this week, led by higher offers from China.

"Both domestic and export flat steel prices in China have dramatically surged in the past couple of weeks, and all international prices are now following these moves," a South America-focused steel trader said. "This uptrend should be maintained until the end of July, at least," he added. For hot rolled coil (HRC), China-origin offers were heard in Chile at $515 per tonne cfr and...

Published

Ana Paula Camargo

July 14, 2017

16:05 GMT

São Paulo