South American flat-rolled steel import prices decreased during the week ended Friday September 3, with material from countries other than China dominating the market and ahead of November-shipment negotiations.
Hot- and cold-rolled coil from the Commonwealth of Independent States continued to be offered to the continent's Atlantic coast, primarily to Brazil and Colombia. No deals were reported during the assessment period.Freight rates also remained a concern for buyers and sellers. Most participants reported maritime costs at $120 per tonne and above from China to both...