Steel Slab Export Prices Remained Stable in Brazil Post Producers Limit Production

  • Oct 13, 2019 AEDT
  • Team Kalkine

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.

 

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