Brazilian producers remain negotiating the exports of slab at $435/mt, FOB conditions for the base commercial grades, the same reference since last week, a local market source told SteelOrbis.
According to the source, the EU remains as the main target for the Brazilian slab, after the closure of the current quota for exports to the US, under the US Section 232 regulations. Latin America and Asia are currently secondary target markets, while negotiations with US customers will restart in September.
