Import prices for flat-rolled steel continued to rise in South America during the week ended on Friday November 27, with Chinese mills presenting higher offers and clients rushing to settle the last deals for January-shipment cargoes.
The prices on products from all origins also edged up, and lower availability supported those higher prices, according to market participants."I suppose mills and customers mostly concluded their January shipment [needs] last week, and they will start negotiating for February shipment...