Brazilian slab export prices increased in the week ended Friday January 31 amid recent deals, but there was growing uncertainty in the market for February bookings.
Fastmarkets' weekly price assessment for steel slab export, fob main port Brazil rose to $460-475 per tonne on January 31 from $430-450 per tonne a week earlier.Deals for March-shipment Brazilian slab to the United States occurred at $470-475 per tonne fob, according to sources. Some market participants expected prices to be around $460 per tonne fob...