Slab export price maintains downtrend in Brazil

Friday, 23 June 2017 22:24:46 (GMT+3)   |   Sao Paulo

Brazilian slab of the basic commercial grade is currently being negotiated for export in a range of $365/mt to $375/mt, FOB conditions, two local exporters told SteelOrbis.

The price compares with $375/mt FOB last week, in a slight downtrend that reflects prices in the worldwide steel production chain, from iron ore to HRC.

Preliminary figures by the Brazilian customs authorities indicate that slab exports in June are set to a decrease in volume from the 630,000 mt exported in May.

LuizCompagnoni
Luiz Compagnoni
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I am a retired mechanical engineer, covering the steel industry in Latin America, from iron ore to finished products, over the last 20 years.

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