Prices for imported flat steel products moved sideways or slightly higher in the United States due to the spread between domestic and overseas metal making shipments from abroad competitive on a limited basis, market participants said.
"The buyers are checking the import prices right now, but they cannot find enough gap to convince them to buy imports now," a Gulf Coast trader said. "But if the US prices continue on the trend they are on, maybe the import window will open."That price range represents steel from South Korea scheduled to arrive at US ports in January or February 2021, along with material from Mexico and...