Brazilian slab export prices stable; demand remains strong

Steel slab export prices from Brazil were unchanged in the week ended Friday October 30, but demand remained strong amid a steady performance by the flat steel markets.

Fastmarkets’ weekly price assessment for steel slab, export, fob main port Brazil, was $490-505 per tonne on Friday, unchanged from the previous week.
Mills have mostly shifted to January-shipment offers, and they have been seeing demand from the United States, Mexico, Canada and the Brazilian domestic market.

But little material was available to the export market, with slab...

Published

Felipe Peroni

October 30, 2020

20:45 GMT

São Paulo