Downturn deepens in South American flat steel import market

The South American steel market experienced a widespread decrease in import prices during the week ended Friday May 13 amid deteriorating market conditions in China and with other regions slowly following the recent downswing.

Deal-making remained timid, since buyers were expecting prices to fall further in the coming weeks, but seller sources said there were limits to this trend, citing raw materials still at...

Published

Renato Rostás

May 13, 2022

21:46 GMT

São Paulo