Brazilian slab export prices declined this week, though market participants are optimistic that demand is starting to recover.
Offers for Brazilian slab to the United States were heard as low as $345 per tonne fob, and there was at least one offer made at $350-355 per tonne fob. Prices above $355 per tonne fob were considered not viable.Fastmarkets' weekly price assessment for steel slab exports, fob Brazil was $345-355 per tonne fob...