South America HRC import prices fall despite bullish sentiment in China

South America hot-rolled coil prices fell slightly in the week to Friday September 1 amid weaker demand and despite increases in China’s HRC prices prompted by market participants’ positive outlook.

Fastmarkets' weekly price assessment for steel hot-rolled coil import, cfr main ports South America narrowed downward to $600-615 per tonne on Friday, from $600-620 per tonne a week earlier.

A...

Published

Gabriela Brumatti

September 01, 2023

21:02 GMT

São Paulo