Fastmarkets’ assessment of steel slab export, fob main port Brazil
, rose to $355-380 per tonne on Friday November 22, from $345-355 per tonne a week earlier.
The latest deals heard for Brazil-origin slab were settled to Asia and Turkey at $355-360 per tonne fob in the past two weeks. Mills are now said to be aiming for higher prices starting with shipments to Canada and the United States.
Brazilian semi-finished steel products can enter the US free of import tariffs introduced by Section 232...