Brazilian slab export prices soar on reduced supply

February 23, 2019 / www.metalbulletin.com / Article Link

Brazilian slab export prices have jumped for a third consecutive week following the positive trend in steel prices and the costs of raw materials.

Fastmarkets' weekly assessment of Brazilian slab export prices was $490-530 per tonne fob on Friday February 22, compared with $460-510 per tonne fob a week earlier.Some volumes were still available for April shipment, and sellers were waiting to place offers at higher prices next week.Several producers...

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