Brazilian slab price over $400 as producers seek more rises

Brazilian slab export prices increased in the week ended Friday August 7, with recent deals closed at higher levels and producers trying to push for new price increases in the next few weeks.

Fastmarkets’ weekly price assessment for steel slab, export, fob main port Brazil, reached $405-410 per tonne on Friday, up by $10-15 per tonne from $390-400 per tonne a week before.

Recent deals for Brazilian slab were closed at $405 per tonne fob, higher than the previous weeks’ price, with demand recovering in...

Published

Felipe Peroni

August 07, 2020

19:25 GMT

São Paulo