Brazilian slab export prices down on weak buying activity

October 09, 2021 / www.metalbulletin.com / Article Link

Brazilian slab export prices decreased in the week ended Friday October 8 amid continuing weak buying activity and strong competition from other regions.

Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil was down to $760-780 per tonne on Friday, down by $20 from $780-800 per tonne on October 1.

Bids for Brazilian material were heard close to $720 per tonne fob in North America and lower than $700 per tonne...

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