Brazilian slab export prices increase over the week

Friday, 09 August 2019 19:47:54 (GMT+3)   |   Sao Paulo

Brazilian producers are negotiating slab export offers in a range of $430/mt to $435/mt, against a range of $420/mt to $430/mt reported last week, both FOB conditions for the base commercial grades, a local market source told SteelOrbis.

The source added that for negotiations with US customers starting in September, Brazilian producers are expecting to close deals in a range of $450/mt to $460/mt FOB.

Meanwhile, producers remain focused on deals with clients in the EU, Latin America and Asia.

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