Import prices for flat steel in South America have increased this week, due to high-priced offers from China, Metal Bulletin has heard.
"[Chinese] export offers rose due to rising domestic values," a trader said on Friday April 27.China-origin offers of cold-rolled coil (CRC) were recorded at $680 per tonne cfr in Brazil and at $670-675 per tonne cfr along the region's Pacific coast.Meanwhile, Chinese hot-rolled...