S America flat steel import prices down on weak demand

South American flat-rolled steel import prices fell during the week ended Friday February 10, with weakness in the Chinese market prompting mills and traders to lower their offers to secure orders for April shipment, market participants said.

There were also some reports of bulk freight rates decreasing and pressuring offers on a CFR basis, following weeks of decreases in containerized rates. Most sources, however, still deemed freight...

Published

Renato Rostás

February 10, 2023

21:34 GMT

São Paulo