Brazilian slab export prices plummet on pessimism, weak US market

Brazilian slab export prices fell this week amid widespread pessimism and buyers’ low expectations.

Fastmarkets’ weekly price assessment for steel slab, export, fob main port Brazil, was at $370-380 per tonne fob on Friday October 4, down $30 per tonne from $400-410 per tonne fob a week earlier. Regular offers were at $375-380 per tonne fob aimed at the US market, according to market participants. Prices of hot-rolled coil in the United States...

Published

Felipe Peroni

October 04, 2019

17:17 GMT

São Paulo