Flat-steel import prices down in South America on global downtrend

Flat-rolled steel import prices were mostly down in South America during the past week, amid bearish sentiment in the region and the continuing global downtrend.

Fastmarkets assessed the price for steel hot-rolled coil import, cfr main ports South America, at $450-470 per tonne on Friday October 25, lower on the high end from $450-475 per tonne a week earlier, and at a fresh low for 2019m. Customers were bidding at the lower end of the price range, following some deals settled with...

Published

Renato Rostás

October 28, 2019

15:07 GMT

São Paulo