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[Ferro-Alloys.com] Import prices for flat-rolled steel into South America were steady to slightly higher during the past week, with market participants already reporting a slight recovery for some materials despite the bulk of negotiations for July shipment having yet to take place.
Peru and Ecuador were still under a quarantine period aimed at preventing the spread of Covid-19, but were gradually expected to start reopening in the coming weeks.
Chile, while not subject to lockdowns or broader quarantines, has been under a curfew for the past month and a half. Some neighborhoods in the capital of Santiago were expected to close off in an effort to deal with the pandemic, potentially affecting industrial output and steel demand.
Source: Metalbulletin
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