Brazilian slab export prices stable as buyers resist higher offers

Export prices for steel slab products of Brazilian origin remained unchanged in the week ended Friday March 29, on a flat steel market in the United States and weak demand in Europe.

Fastmarkets’ weekly assessment of Brazilian slab export prices was $510-550 per tonne fob on Friday, stable week-on-week. Bookings were reported from Brazil to the US market at prices of at least $540 per tonne fob, sources said. A few volumes were still available for May shipment, but most...

Published

Felipe Peroni

March 29, 2019

17:26 GMT

São Paulo