Steel slab export prices remained stable as steel production took a jab after mills decided to go slow on the production over lower price in Brazil.
- The leading price provider-Fastmarkets assessed the steel slab, export, FOB main port Brazil prices to be at USD 370-380 per tonne FOB (as on 11 October 2019).
- The prices remained unchanged against the previous week.
- Steel slab producers continued to focus in the United States market, where prices were still higher than in other regions.