Steel slab export prices from Brazil showed a steep increase in the week ended Friday December 11, with sellers achieving higher deals because of the positive trend in the flat steel markets.
Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, reached $650-670 per tonne on Friday, up by $60-70 per tonne from $590-600 per tonne a week earlier.Late last week, Brazilian steelmakers raised their offers to $620 per tonne fob, after a deal was closed at $600...