South American coil import prices up despite market slowdown

July 24, 2021 / www.metalbulletin.com / Article Link

Import prices for flat steel in South American markets edged up for most grades due to higher offers from Chinese producers, while some participants reported a slowdown in the market.

Offers of hot-rolled coil and cold-rolled coil rose at least by $20-30 per tonne on lower material availability, sources said.
Fastmarkets' price assessment for steel hot-rolled coil import, cfr main ports South America reached $1,050-1,155 per tonne on Friday July 23, up by $5-30 from $1,020-1,150 per tonne a week earlier.

Offers from China were mostly in...

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