South American flat steel import prices recover on China absence

February 13, 2021 / www.metalbulletin.com / Article Link

Import prices for flat-rolled steel products edged upward in South America during the week to Friday February 12 with deals settled at prices a little higher than previously, in the absence of Chinese exporters from the market.

Offers from China were scarce ahead of the Lunar New Year holiday, February 11-17. But some traders were still trying to sell a remainder of April-shipment cargoes from the East Asian country before an expected cut in the tax rebate was implemented.
Meanwhile, clients on the region's Pacific coast accepted higher offers from Japan and Brazil while China was away from the market.

Fastmarkets' price assessment for steel plate, import, cfr main ports South America, was $675-690 per tonne on Friday, up from $670-680 per tonne a...

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