Brazilian slab export prices narrow upward on limited supply

Slab export prices from Brazil inched up in the week ended Friday October 16, with sellers focusing on the US market due to limited material availability.

Fastmarkets’ weekly price assessment for steel slab, export, fob main port Brazil was $490-505 per tonne on Friday, narrowing upward from $480-505 per tonne on October 9.
The assessment is at its highest since May 17, 2019, when it reached $510-520 per tonne.

No offers were made during the week for...

Published

Felipe Peroni

October 16, 2020

21:08 GMT

São Paulo