Brazilian slab price fall persists on global downtrend

December 08, 2018 / www.metalbulletin.com / Article Link

The Brazilian slab export price fell further over the past week amid an ongoing downtrend in the global markets, while the price range remained wide depending on product destination.

Fastmarkets assessed the Brazilian slab export price at $430-485 per tonne fob on December 7, down from $435-495 per tonne on November 30. The high end of the range is at its lowest level since December 29, 2017.Shipments to the United States were more...

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