Brazilian slab export price down on new offers, US bids

October 19, 2019 / www.metalbulletin.com / Article Link

Export prices of Brazilian slab have fallen as renewed bids and a decrease in flat steel prices in the United States has led to lower sentiment.

Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, fell to $360-365 per tonne fob on Friday October 18, from $370-380 per tonne fob the previous week.The US market was quiet until last week, as buyers avoided committing to deals,...

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