Prices for Brazil-origin steel slab remained unchanged in the week ended Friday August 9, with improved demand in the export and domestic markets helping to keep sentiment buoyant.
The weekly Fastmarkets price assessment for steel slab, export, fob main port Brazil, was $425-435 per tonne on Friday, stable from the previous week.Slab producers were more optimistic after the price of iron ore took a sharp drop earlier this week, amid an increase in trade tensions between China and the United States.Fastmarkets daily index of iron ore 62% Fe fines, cfr Qingdao, was $94.12 per tonne on August 8, down...