Metal Bulletin’s weekly price assessment for Latin America-origin slab exports was $420-430 per tonne fob on December 23, stable on a weekly basis. On December 2, the assessment was $400-410 per tonne fob.
Prices continued rising this month, but at a slower pace than in November
, when prices surged by as much as $60 per tonne.
This growth slowdown was due to buyer resistance to higher prices
encountered by Brazilian slab producers, mainly among customers in Asia.
From December 19 to December 23, Brazil-origin...