Brazilian steel slab export prices down on weak demand

Brazilian steel slab export prices fell in the week ended Friday November 26, with low demand for the semi-finished steel material bringing pessimism to the market.

Fastmarkets’ weekly price assessment for steel slab, export, fob main port Brazil, was $700-730 per tonne on November 26, down from $730-760 per tonne in the previous week.

Most slab-buying outlets have been showing little or no interest in the material in recent weeks, bringing the downside...

Published

Felipe Peroni

November 26, 2021

20:18 GMT

São Paulo