South American flat steel import prices fall amid Chinese downtrend, short-selling

摘要

Import prices for flat steel in South America declined last week amida lack of deals and a weakening of the Chinese market.The Fastmarkets MB import price assessment for hot-rolled coil inthe region was $535-550 per tonne cfr on Friday June 7, wideningdownward from $540-550 per tonne a week earlier.Import prices for cold-rolled coil in the region were assessed at$580-590 per tonne cfr, down $5-10 per tonne week on week.