Brazilian slab export prices stable amid lower steel production

October 12, 2019 / www.metalbulletin.com / Article Link

Brazilian export prices for steel slab remained stable in the week ended Friday October 11 because few deals have been reported with producers cutting slab output as a consequence of the low prices.

Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, was $370-380 per tonne fob on Friday, unchanged from the previous week.Producers continued to focus in the United States market, where prices were still higher than in other regions.Few deals were reported during the week ended October 11,...

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