Brazilian slab export prices stable amid uncertainty in markets

Slab export prices from Brazil remained stable in the week to Friday November 19, amid an ongoing tug of war between producers and sellers on prices for January-shipment batches.

Few volumes are available in the spot market, but uncertainty in most steel markets are leading negotiations to a deadlock.
Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil was $730-760 per tonne on November 19, stable from the previous week. 

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