Brazilian slab export prices widen downward on buyers' pessimism

Brazilian export slab prices widened downward on Thursday April 9 as buyers continue to bet on future price cuts.

Fastmarkets' weekly assessment of steel slab, export, fob main port Brazil widened to $310-355 per tonne on Thursday April 9, from $320-355 per tonne previously.

Since early in the week, some bids for Brazilian slab were heard at $310 per tonne fob, and...

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