Export prices for Brazil-origin slab have widened upward as sellers have been probing the market and increasing offers amid higher flat steel prices and low supply.
Fastmarkets' weekly assessment for steel slab export, fob main port Brazil was $480-500 per tonne on Friday October 2, widening upward by $10 from $480-490 per tonne a week earlier on September 25 and up by $40-50 per tonne from $440-450 per tonne a month earlier on September 4.As a result, offers for December shipments were launched at higher levels, but no deals...