Brazilian slab prices stable as US market remains strong

April 06, 2019 / www.metalbulletin.com / Article Link

Brazilian slab export prices remained stable in the week to Friday April 5 week while producers prepared to increase prices and offers.

Fastmarkets' weekly assessment of Brazilian slab export prices was $510-550 per tonne fob on April 5, again stable week on week.Producers have started to renew offers for June shipment, and Brazilian material is expected to continue trading at high prices, due to maintained momentum in the US market.A total 1.05 million tonnes of Brazilian semi-finished...

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