According to sources, Brazilian slab exporters are negotiating deals for shipments in January at $532/mt, FOB conditions for the basic commercial grades, against $535/mt on November 7.
Prices remain affected by the shortage of material available for export, due to the delay of the restart of the main blast furnace of the Usiminas Ipatinga plant.
In October, Brazil exported 710,700 mt of slab in average at $634/mt, while importing 65,900 mt of the product at $546/mt, FOB conditions, against respectively 497,100 mt at $655/mt and 21,700 mt at $648/mt in September.
Preliminary numbers of November point to both slab exports and imports trending stable from October.
