Brazilian slab export prices stable amid mixed market signals

October 02, 2021 / www.metalbulletin.com / Article Link

Brazilian slab export prices were stable in the week ended Friday October 1, but sources remained concerned about recent price cuts in other regions that could affect the market.

Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil was unchanged at $780-800 per tonne on Friday.
Producers tried to maintain offers at around $800 per tonne fob, but buyers were resistant.

Inventories were reportedly high in most markets, which made buyers content to wait and see if prices fall...

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