South American flat steel import prices hold on muted market

April 10, 2020 / www.metalbulletin.com / Article Link

South American flat steel import prices were mostly stable week on week as market liquidity dipped in the continent amid lockdowns and weakened demand due to the Covid-19 pandemic.

Market participants were generally in the dark regarding feasible prices, as buyer interest had vanished. As with May-shipment volumes, sources said imports for June shipments could also be at least half the usual orders.
"I am not hearing any consultation from clients, and I may go on a vacation now," one trader source said.
"Brazilian steel demand was recovering, but the country is now back to the ICU [intensive care unit]," a second trader source said.

On...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok