Export prices for hot-rolled coil (HRC) and cold-rolled coil (CRC) from Latin America have risen, with Brazilian producers seizing the opportunity presented to them by high global prices and a lack of offers from China.
Metal Bulletin's weekly assessment of Latin America's HRC export price reached $630-635 per tonne fob on Friday February 23, up from $570-580 per tonne fob a week earlier, while the price assessment of CRC exports was $720-735 per tonne fob on Friday, up from $700-725...