Brazil's slab export price stays on uptrend in deals to North America

The export price for Brazilian steel slabs continued its uptrend during the week ended Friday November 29 with more expensive offers to North America starting to be accepted, market participants told Fastmarkets.

Fastmarkets assessed the price for steel slab, export, fob main port Brazil, at $360-380 per tonne on Friday, narrowing upward from $355-380 per tonne a week before. The midpoint was at its highest level since October 11.

At least one deal to North America was settled close to...

Published

Renato Rostás

November 29, 2019

20:45 GMT

São Paulo