South American flat steel import prices were mostly stable or moved slightly in the week to Friday October 8 amid China's National Day holiday and few offers from other origins.
There was no activity from China during the October 1-7 period due to week-long national holiday there, which paved the way for material from other countries to be offered to South American clients. However, with the market shifting from November- to December-shipment negotiations, participants saw little market liquidity."There was wide gap in [price information] between the selling side and the buying side," one ex-China...