Fastmarkets assessed the price for steel hot-rolled coil import, cfr main ports South America
at $530-555 per tonne on Friday January 17, up from $525-550 per tonne a week before.
At $542.50 per tonne, the midpoint of the assessed range is on par with the $545-per-tonne level reached on July 19.
Deals for China-origin HRC were heard to countries on the Pacific coast of the region near the bottom end of the price range. Concurrently, Japan-origin material was on offer to the same countries at $565-570 per tonne with...