Brazil slab export prices fall in line with lower flat steel, raw materials values

Slab export prices from Brazil fell this week, with buyers increasingly resistant to accepting higher offers due to the drop in flat steel prices in China.

Metal Bulletin’s weekly price assessment for Brazilian slab exports fell to $490-505 per tonne fob on Friday September 29, down from $500-510 per tonne fob.

The slab market was affected by a strong drop in prices of hot rolled coil (HRC) and steel plate in China...

Published

Felipe Peroni

September 29, 2017

18:41 GMT

São Paulo