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.