Export prices of Brazilian slab dropped this week because of weakness in the flat steel market in the United States and competition from other suppliers.
Fastmarkets' weekly price of steel slab export, fob main port Brazil, was $420-435 per tonne on Friday September 13, down by $10-15 from $430-450 per tonne fob a week earlier.Offers were reported within a range of $430-435 per tonne fob, while buyers in the US market were bidding at $420-425 per tonne fob.Previous deals booked at $440-450 per tonne fob were no...