Brazilian slab export prices up on recovering demand

Brazilian slab export prices increased by $10 per tonne in the week ended Friday July 31, with offers up amid a revival in demand in most buying markets.

Sellers were making offers and hoping to achieve deals at $400 per tonne fob, because many had comfortable lead times and were in no rush to book orders.
Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, reached $390-400 per tonne on July 31, up by $10 from $380-390 per tonne a week before.

Offers of slab material...

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