Imported steel prices in South America continued to slide this week following the downtrend in China, but rebounded slightly as the weekend approached.
Fastmarkets' weekly price assessment for hot-rolled coil imported into South America was $510-515 per tonne cfr on Friday December 7, the fourth consecutive weekly decline - down from $525-535 per tonne on November 30 and $540-550 per tonne the week before."I don't see much room...