Brazilian export slab prices narrow, demand recovers

Prices paid for Brazil-origin steel slab in export deals have narrowed in the week ended on Friday April 17, with recovering demand in Asia and Europe resulting in increased numbers of deals, sources said.

Fastmarkets’ weekly assessment of the price of steel slab, export, fob main port Brazil narrowed to $320-345 per tonne on Friday, from $310-355 per tonne a week before.

New bids and orders for Brazilian slab came from Italy and other European countries while industrial activity in these regions restarts, with prices hovering around $330-335 per tonne fob, sources...

Published

Felipe Peroni

April 17, 2020

19:20 GMT

São Paulo