Brazilian slab export prices soar on reduced supply

Brazilian slab export prices have jumped for a third consecutive week following the positive trend in steel prices and the costs of raw materials.

Fastmarkets’ weekly assessment of Brazilian slab export prices was $490-530 per tonne fob on Friday February 22, compared with $460-510 per tonne fob a week earlier. Some volumes were still available for April shipment, and sellers were waiting to place offers at higher prices next week. Several producers...

Published

Felipe Peroni

February 22, 2019

19:15 GMT

São Paulo