Brazil's slab export prices rise on first offers to US market

October 16, 2018 / www.metalbulletin.com / Article Link

Slab export prices from Brazil edged up late last week as producers waited for sales to the United States to resume.

Fastmarkets MB's weekly price assessment for slab exports from Brazil was $490-510 per tonne fob on Friday October 12 compared with $480-500 per tonne fob on October 5.Brazilian producers are willing to sell to markets outside North America, such as Europe and Asia, at a minimum of $490 per tonne fob, according to sources, but...

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