Argentina’s domestic steel prices stable; payment periods reduced

Argentina's domestic steel product prices were steady again in September, and sellers have been reducing payment periods to compensate for political instability and currency volatility in the country.

Fastmarkets’ monthly assessment for steel hot-rolled coil domestic, exw Argentina, was at $720-725 per tonne on Friday September 13, unchanged since May. The monthly assessment for steel cold-rolled coil domestic, exw Argentina, was steady at $815-820 per tonne, and that for steel hot-dipped galvanized coil domestic, exw Argentina, was flat at $1,045-1,125 per tonne - both unchanged since May. Fastmarkets' monthly assessment for steel reinforcing bar (rebar) domestic, exw Argentina, was at...

Published

Felipe Peroni

September 16, 2019

23:11 GMT

São Paulo