Brazilian slab export prices down $20 on renewed deals, freight moves

Export prices of Brazil-origin slab were down by $20 in the week ended Friday February 26, because fresh deals were booked at lower levels.

Fastmarkets’ weekly price assessment for steel slab, export, fob main port Brazil was $740-760 per tonne fob on February 26, down from $760-780 per tonne fob a week earlier.

Despite the decrease in prices, market participants believe the current price level is high, and most buyers and sellers...

Published

Felipe Peroni

February 26, 2021

22:41 GMT

São Paulo