Prices down with Brazilian CRC exports set to suffer from EU safeguard

January 12, 2019 / www.metalbulletin.com / Article Link

Latin America's export prices for cold-rolled coil (CRC) fell in the week ended Friday January 11, while the prices for hot-rolled coil (HRC) and plate remained unchanged with the export market muted on low demand and trade issues.

Fastmarkets' weekly assessment of the price of CRC exports from Latin America reached $590-600 per tonne fob on January 11, down from $625-630 per tonne fob in the previous week.Brazil has been offering CRC to countries in the EU, but bookings have been scarce in the past week, with the...

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