The flat-rolled steel import market continued to drag its feet this past week as would-be buyers showed little interest in foreign material in a declining domestic market. "Business has been really slow. We're booking a little bit on the West Coast, but buyers are unwilling to buy (foreign) when the domestics are near or at the bottom," one trader said. "It's been difficult." Domestic fiat-rolled prices have fallen steadily in recent weeks as many customers continue to buy on an as-needed basis as they await a pricing floor. As a result traders have reported little interest and even fewer sales for foreign steel now available for October delivery.
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