Report Date: April 29, 2026 | Coverage: Brazil | Argentina | Chile | Peru | Colombia
Week-on-Week Comparison Included: April 15–22, 2026 vs. April 22–29, 2026
This free sample offers a curated look at this week’s most critical market-moving events and data. Subscribers receive the full report, including complete price tables for all eight steel products, detailed policy analysis, landed cost calculations, and week-on-week comparisons that reveal exactly where the market is heading.
📌 Sample Core Insights (Excerpt)
📌 China HRC Export Prices Hit 1.5-Year High – April 24, 2026 – ▲ – Chinese HRC export offers surged to 500/tFOB∗∗,up∗∗500/tFOB∗∗,up∗∗12/t week-on-week, reaching the highest level in 18 months. Buyers broadly stayed on the sidelines as resistance to elevated prices intensified. [Source: Mysteel]
📌 Brazil Raises Steel Import Quota by 50% – April 2026 – ▼ for domestic prices – The quota expansion significantly increases HRC, CRC and HDG import volumes, adding supply and pushing Brazilian domestic HRC ex-works down by approximately R100/t(−2.7100/t(−2.73,400–3,600/t. Domestic material is now cheaper than Chinese imports subject to the 25% above-quota tariff. [Source: PriceSeek]
📌 Brazil Imposes New AD Duty on Coated Flat Products – April 13, 2026 – ▲ trade barrier – GECEX Resolution No. 856/2026 imposed definitive anti-dumping duties of $284.98–709.63/t on coated flat-rolled products from China for five years, further tightening access for value-added steel. [Source: GECEX]
📌 Baltic Dry Index Surges to 7-Month High – April 28, 2026 – ▲ – The BDI jumped +4.3% week-on-week to 2,677, its highest since December 2025, signalling rising freight costs for China–South America shipments. [Source: Baltic Exchange]
Full report includes 5–6 core insights with detailed analysis.
💰 Sample Price & Trend Comparison (Partial View)
| Product | Market | This Week (Apr 22–29) | WoW Change (vs Apr 15–22) | Key Driver |
|---|---|---|---|---|
| China Billet (3SP, 150mm) FOB | 🇨🇳 China | $470–475/t | ⏸️ Stable | Wait-and-see sentiment before holiday |
| China HRC (SS400, 3mm) FOB | 🇨🇳 China | $500/t | ▲ +$12/t | Higher domestic prices, firm iron ore |
| Brazil Domestic HRC (ex-works) | 🇧🇷 Brazil | **R3,400–3,600/t∗∗(680–720/t) | ▼ -R$100/t | 50% quota increase adding supply |
| Argentina HRC CFR Buenos Aires (est.) | 🇦🇷 Argentina | $530–545/t | ⏸️ Stable | Cautious demand, FX controls persist |
| Iron Ore (62% Fe CFR China) | 🌍 Global | $109.18/t (Apr 23) | ▲ +$1.84/t | Pre-holiday restocking, firm mill demand |
Subscribers receive complete tables for all eight products across five South American markets, with precise weekly and monthly changes.
🛡️ Sample Supply Chain & Policy Update (Excerpt)
Brazil Quota Increase and Anti-Dumping Cascade – April 2026 – GECEX, PriceSeek
Brazil’s 50% quota increase has fundamentally altered import competitiveness: HRC volumes entering at normal tariff rates now create domestic oversupply, driving ex-works prices lower. Simultaneously, new AD duties on coated flats (284.98–709.63/t∗∗),extendeddutiesonheavyplates(∗∗284.98–709.63/t∗∗),extendeddutiesonheavyplates(∗∗211.56/t), and the approaching HRC AD final determination deadline (July 20, 2026) are layering protection across the flat steel spectrum. For procurement, domestic sourcing is suddenly cheaper for HRC. For exporters, coated flats and heavy plates face near-total exclusion; only markets without AD barriers remain viable.
Full report includes 3–4 in‑depth supply chain and policy updates with cross‑market analysis.
💡 Sample Actionable Advice (Preview)
| For Procurement Managers | For Export Sales Managers |
|---|---|
| ✅ Pivot to domestic Brazilian HRC – Chinese landed above quota now exceeds domestic prices by $10–70/t. | ✅ Lock in HRC export prices at $500/t – before Labor Day holiday drains liquidity and demand softens. |
| ⚠️ Pause China CRC/HDG procurement for Brazil – new and existing AD duties make these products structurally uncompetitive. | ⏳ Redirect coated flats and heavy plates away from Brazil – AD duties of $211–709/t eliminate price competitiveness. |
| 👀 Monitor Argentina FX easing – Central Bank Communiqué “A” 8417 is a positive signal but import payment risks remain high. | 👀 Target Argentina with cautious terms – strongest regional consumption growth (+18.0% in 2025) but require confirmed L/C or advance payment. |
The full report contains six tailored action items for each audience, with specific rationales and target markets.
This free sample is only a fraction of the intelligence delivered each week. Subscribers to the South America Steel Weekly Report receive:
- 8 product price tables (billet, rebar, HRC, CRC, HDG, carbon steel pipe, stainless steel, CRGO) with FOB, domestic, and import parity data for all key origins.
- Week-on-week and year-on-year comparisons to track market direction.
- Import viability assessments with landed cost calculations under current trade remedy regimes.
- Comprehensive policy tracker – anti‑dumping duties, safeguard measures, CBAM, certification updates.
- Supply chain dynamics – port congestion, raw material trends, geopolitics, freight.
- Forward‑looking price forecast with supporting arguments and one key downside risk.
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📧 Questions? Custom reports for your specific product or market?
Contact Amy directly at amy@amyinsights.com