Brazilian slab export prices stable amid strong pressure from buyers

Brazilian slab export prices remained unchanged in the week ended Friday September 20, with no deals agreed while buyers and sellers battled to establish a new price.

Fastmarkets’ weekly price assessment for steel slab, export, fob main port Brazil, was $420-435 per tonne on September 20, unchanged week-on-week. The price corresponded to the most recent deals closed, to the West Coast of the United States. Offers were being launched to Gulf and East Coast buyers, and sellers have been pushing to maintain this price level. But buyers were...

Published

Felipe Peroni

September 20, 2019

20:47 GMT

São Paulo