Brazilian slab export price nears $1,000/t on fresh deals

May 22, 2021 / www.metalbulletin.com / Article Link

Fastmarkets price for Brazilian steel slab climbed to another all-time record on Friday May 21 on higher deals to the United States and the domestic market, with July-shipment availability reported as wholly filled.

Fastmarkets assessed steel slab export, fob main port Brazil, at $980-990 per tonne on Friday, up by $10-30 from $950-980 per tonne one week earlier and by $50-80 from $900-940 per tonne on May 7.

It was a new record-high price range for Fastmarkets slab assessment since first publication in July...

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