Flat steel import prices fall in South America on Chinese weakness

Imported steel prices in South America continued to slide this week following the downtrend in China, but rebounded slightly as the weekend approached.

Fastmarkets’ weekly price assessment for hot-rolled coil imported into South America was $510-515 per tonne cfr on Friday December 7, the fourth consecutive weekly decline - down from $525-535 per tonne on November 30 and $540-550 per tonne the week before. “I don’t see much room...

Published

Renato Rostás

December 07, 2018

18:40 GMT

São Paulo