Brazilian slab export prices stable, sellers adopt wait-and-see stance

Brazilian slab export prices were unchanged on Friday July 16, with most producers in a wait-and-see mode amid high prices for flat steel in the United States and falling slab prices in other regions.

Fastmarkets’ weekly assessment for steel slab, export, fob main port Brazil was $975-995 per tonne on July 16, stable from the previous week.

Slab sellers were optimistic about the US market, since hot-rolled coil prices in...

Published

Felipe Peroni

July 16, 2021

20:52 GMT

São Paulo