Brazilian slab export prices stable as buyers resist higher offers

March 30, 2019 / www.metalbulletin.com / Article Link

Export prices for steel slab products of Brazilian origin remained unchanged in the week ended Friday March 29, on a flat steel market in the United States and weak demand in Europe.

Fastmarkets' weekly assessment of Brazilian slab export prices was $510-550 per tonne fob on Friday, stable week-on-week.Bookings were reported from Brazil to the US market at prices of at least $540 per tonne fob, sources said.A few volumes were still available for May shipment, but most...

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