South American flat steel import prices up on higher Chinese offers for January

The majority of imports prices for flat-rolled steel in South America rose during the week ended on Friday November 6 amid higher offers from Chinese mills for January-shipment cargoes.

Fastmarkets assessed the price for steel plate import, cfr main ports South America, at $560-570 per tonne on Friday, up by $10 per tonne from $550-560 per tonne a week before.
Participants reported offers from China to the Pacific Coast of the region being issued at $565-570 per tonne for January shipment, while Japan was offering $570 per tonne. Customers, on the other hand, were bidding for $560 per tonne.

Meanwhile, Fastmarkets' price assessment for steel hot-rolled coil import, cfr main ports...

Gold stocks decline on flat metal and mixed equities

Copper price expected to range from flat to slight gain in 2025

China's gold holdings to central bank reserves still low

China has broad effect on gold market

Gold stocks mixed after previous week's huge gains