Slab export prices from Brazil decreased in the week ended Friday November 23 due to weaker sentiment in global markets and the prices achieved in reported deals to the United States and Europe.
Fastmarkets' weekly assessment of Brazilian export slab prices fell to $450-505 per tonne fob on Friday, compared with $505-515 per tonne fob a week before.Different Brazilian producers were heard booking volumes at $450-460 per tonne fob to European clients, sources said."Despite the lower prices in Europe [compared with the US], Brazilian slab...