Brazilian steel slab prices continued to climb in the week to Friday June 26 with consumers in the United States buying the last available volumes from the fourth-quarter import quota, but sellers are looking elsewhere for the remainder of 2020.
Fastmarkets assessed the price of steel slab export, fob main port Brazil at $375-400 per tonne on Friday, up $10 on the high end of the range from $375-390 per tonne a week earlier.As well as being the fifth consecutive weekly increase, the midpoint of the assessed range - at $387.50 per tonne - was at its highest level since March 20 when it was at...