Prices for most imported flat steel in South America rose this past week, with galvanized sheet leading the uptrend as Chinese mills offered at substantially higher levels.
Fastmarkets' hot-dipped galvanized coil assessment stood at $640-660 per tonne cfr on March 15 compared with $630-640 per tonne the week prior. It is the highest level since November 16, when prices were $685-700 per tonne."Chinese mills are offering more coated...