Brazilian slab export prices remained stable in the week ended Friday September 21 with local slab producers awaiting the return of demand in the United States, which was halted by import quota issues.
Metal Bulletin's weekly Brazil slab export price assessment was $500-530 per tonne fob on September 21, unchanged from the previous week.Brazilian slab producers have been selling material to Asia, Europe and Turkey since sales to the US came to a halt because of fears that an annual quota for semi-finished steel could soon be filled.Producers have been trying to maintain prices above $500 per tonne fob in deals and offers to such regions, despite...