South America's coil import prices mostly stable on weak demand

South American import prices for flat steel were almost unchanged this week because of the low levels of demand, but rumors of price increases for specific materials were heard among buyers and traders.

Current prices from China were already considered high by clients, which were reported to be holding large inventories. Fastmarkets’ weekly price assessment for South American imported cold-rolled coil (CRC) narrowed upward to $615-620 per tonne cfr on Friday April 12, from $610-620 per tonne cfr a week before. Other South American coil import prices remained stable on Friday. The assessment for...

Published

Felipe Peroni

April 12, 2019

19:15 GMT

São Paulo