Steel coil import prices down in South America as market turns bearish

South American import prices for flat-rolled steel slid in the week ended Friday May 6 on limited market liquidity and expectations for further cuts from China.

Not many offers were heard in the market during the week due to the shorter business week in China amid a holiday ended Wednesday May 4. This somewhat delayed negotiations...

Published

Renato Rostás

May 06, 2022

20:33 GMT

São Paulo