Brazilian slab export prices narrowed upward in the week to Friday March 6 while negotiations for May-shipment volumes start at higher levels, Fastmarkets understands.
Fastmarkets' weekly price assessment for steel slab export, fob main port Brazil rose to $470-475 per tonne on March 6, up from $460-475 per tonne the previous week.Companies are starting negotiations for May-shipment offers and offering at around $470-475 per tonne fob, with some sellers attempting to sell at $480 per tonne fob, sources said. Market...