Brazilian slab prices dropped this week on absence of trading activity in the United States because of quota issues.
Metal Bulletin's weekly assessment of Brazilian slab export prices was $500-530 per tonne fob on Friday September 14, from $520-540 per tonne fob a week before. With no sales being made to the US market, offers and bids involving Brazilian material were heard in Europe and Asia, where prices ranged from $500-530 per tonne fob. Some...