Argentinian steel producers have been granting temporary discounts in prices to their domestic market, because of a strong fall in the exchange-rate value of the country's currency.
Discounts of around 5% in most domestic steel prices were granted for a period of 15-20 days, after which prices will be expected to return to their previous levels, sources told Metal Bulletin on Friday June 8.Metal Bulletin's monthly assessment of Argentina's domestic price for hot-rolled coil (HRC) was $710-720 per tonne ex-works on June 8, compared with $750-755 per tonne ex-works on May...