Brazilian slab export prices fall due to weak US steel market

September 28, 2019 / www.metalbulletin.com / Article Link

The export price for Brazil-origin steel slab fell this past week after producers renewed offers at lower levels and buyers in the United States pushed for price reductions.

Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, was at $400-410 per tonne on Friday September 27, down from $420-435 per tonne fob a week earlier.Offers were reported at $400-410 per tonne fob, with at least one deal being closed.Meanwhile, buyers were determined...

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