Brazilian steel slab export prices have fallen due to weak buying activity and sellers facing competition from other regions.
Fastmarkets weekly assessment for Brazil export slab narrowed downward to $440-450 per tonne fob on Friday June 7 from $440-480 per tonne fob a week earlier.Market participants indicated that sellers can't expect to get bookings above the $450-per-tonne-fob level, mainly because of weak global prices for flat steel products and competition from cheap material originating from the...