Brazilian slab export prices stable on high costs, low supply

Brazilian slab export prices were stable in the week ended Friday November 1, as producers had limited ability to reduce their offers due to iron ore costs.

Fastmarkets’ weekly assessment of steel slab exports, fob Brazil, was unchanged at $355-360 per tonne on Friday.
Offers from Brazil were within the range of $350-360 per tonne fob, level with the previous week, and latest deals have been closed at $355 per tonne fob.

Producers mostly...

Published

Felipe Peroni

November 01, 2019

18:10 GMT

São Paulo