Flat steel import prices fall in South America on China-driven downtrend

South American import prices for flat-rolled steel fell during the week ended Friday May 27 with the persistent downtrend in China continuing to force sellers from other regions to sell at lower prices.

If some traders, especially in China, were far more aggressive in their attempts to export a surplus generated by a weaker domestic market, however, market participants elsewhere were trying to...

Published

Renato Rostás

May 27, 2022

20:08 GMT

São Paulo