Brazilian slab export prices up on final 2020-delivery deals with US clients

Brazilian steel slab prices continued to climb in the week to Friday June 26 with consumers in the United States buying the last available volumes from the fourth-quarter import quota, but sellers are looking elsewhere for the remainder of 2020.

Fastmarkets assessed the price of steel slab export, fob main port Brazil at $375-400 per tonne on Friday, up $10 on the high end of the range from $375-390 per tonne a week earlier.

As well as being the fifth consecutive weekly increase, the midpoint of the assessed range - at $387.50 per tonne – was at its highest level since March 20 when it was at...

Published

Renato Rostás

June 26, 2020

17:56 GMT

São Paulo