Fastmarkets’ assessment of the price for steel hot-rolled coil, import, cfr main ports South America
, was $540-550 per tonne on July 19, compared with $520-545 per tonne a week before.
After a cargo of hot-rolled coil from the Commonwealth of Independent States region was reported sold to northern Brazil in the previous week, the lack of new offers from Russia and Ukraine provided a tailwind to the regional import price.
The price for cold-rolled coil (CRC) also improved. Fastmarkets...