LATIN AMERICA FLAT STEEL WRAP: China sets tone of import markets

摘要

Expectations of winter output cuts in China have set the tone for theSouth American flat steel market during November.Import prices into the region remained stable at the beginning ofthe month, amid uncertainty about the effects of output reductions.But South American import prices showed significant upswingslate in November, with China-origin prices on the rise as a result ofthe output cuts in the Asian nation, initiated in the middle of themonth.