Brazilian slab export prices widen downward while cost pressures grow
Steel slab export prices in Brazil widened downward this past week amid high competition, increased concerns about pressure from high iron ore costs.
Fastmarkets’ weekly assessment of Brazilian slab exports
was $425-440 per tonne fob on Friday June 21, down from the week-earlier
$430-440 per tonne fob.
Offers for slab were...