Import prices for flat steel products in South America were unchanged in the third week of May due to a lack of trading activity, Metal Bulletin has heard.
The market standstill reflected the difficulty buyers and exporters found in agreeing on prices, according to several sources."Some [Chinese] companies have increased their offer prices this week, but steel consumers are not willing to pay higher values," a Pacific Coast-focused trader said.In Chile, some China-origin offers were reported at...