South American flat steel import prices rise; talks pause on financial crisis fears

South American import prices for flat-rolled steel were up in the week to Friday March 17 when new offers from different origins for May shipment were raised, but market participants were concerned about the looming crisis in financial markets abroad.

Rising freight rates added to the increases in offer prices on an FOB basis. More trader and mill sources were reporting rates around $5 per tonne higher, although this lacked...


Renato Rostás

March 17, 2023

20:27 GMT

São Paulo