Brazilian slab export prices edge up; sellers plan price increases

Slab export prices from Brazil increased slightly this week, as producers prepared to launch a new round of increases for April-shipment material.

Fastmarkets' weekly assessment of Brazilian slab export prices went up to $420-470 per tonne fob on Friday February 8, compared with $410-460 per tonne fob a week before.

No trades were made because market participants were waiting for the end of the Chinese New Year holiday, celebrated February 4-10, to start negotiating April-shipment batches. But the market...

Published

Felipe Peroni

February 08, 2019

23:13 GMT

São Paulo