Steel slab export prices from Brazil inched up in the week ended Friday March 1 because of lower volumes available and an uptrend in steel prices in the United States.
Fastmarkets' weekly assessment of Brazilian slab export prices reached $500-540 per tonne fob on March 1, up from $490-530 per tonne fob a week earlier.The assessment was at its highest level since September 7, 2018, when prices were $520-540 per tonne fob.The increase had been expected because the market has been under pressure from low material availability...