Brazilian slab export prices stable, demand expectations improve

November 17, 2018 / www.metalbulletin.com / Article Link

Brazilian slab export prices were almost unchanged during the week ended Friday November 16 because of low activity, but producers and traders expected a recovery in the next few months because of planned stoppages and growth in demand.

Fastmarkets' assessment of the Brazilian slab export price was $505-515 per tonne fob in Brazil on November 16, widening downward from $510-515 per tonne fob the week before. Prices have been at similar levels since October 19.Most volumes were shipped to the United States, because Brazil has an...

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