Demand remained weak especially in Brazil, but more activity was reported in Peru, Chile and Colombia.
Fastmarkets’ assessment of the price for steel hot-rolled coil, import, cfr main ports South America
, was $505-515 per tonne on September 6, unchanged from a week before.
While market participants confirmed deals for Pacific-coast delivery within the $505-510 per tonne range, offers to South America would most likely be presented at $515-520 per tonne in the immediate future, they said.
The price for steel cold-rolled coil, import, cfr main...