The price of steel slab from Brazil has edged downward over the past week, with sellers attempting to put limits to a downtrend in the market amid growing uncertainty in the United States.
Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, fell to $460-470 per tonne on Friday March 13, from $470-475 per tonne in the previous week.The market was shaken when many customers started acting cautiously after a strong drop in oil prices and in financial markets...