Slab export prices from Brazil increased during the week ended June 5 because of higher costs of iron ore and freight, combined with continued high demand from China.
Fastmarkets' weekly assessment for steel slab export, fob main port Brazil, increased by $10 from the previous week, to $355-365 per tonne from $345-355 per tonne.Offers to China have been reported around $400 per tonne cfr and above, with recent deals being done in the $390-400 per tonne...