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Brazilian slab export prices stable despite raw materials downturn

  • Monday, August 12, 2019
  • Source:ferro-alloys.com

  • Keywords:slab, iron ore, price
[Fellow]Slab producers were more optimistic after the price of iron ore took a sharp drop earlier last week.
[Ferro-Alloys.com] Prices for Brazil-origin steel slab remained unchanged in the week ended Friday August 9, with improved demand in the export and domestic markets helping to keep sentiment buoyant.

The weekly Fastmarkets price assessment for steel slab, export, fob main port Brazil, was $425-435 per tonne on Friday, stable from the previous week. Slab producers were more optimistic after the price of iron ore took a sharp drop earlier last week, Fastmarkets daily index of iron ore 62% Fe fines, cfr Qingdao, was $94.12 per tonne on August 8. (Metalbulletin)

 
  • [Editor:kangmingfei]

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