Brazilian slab price falls on more aggressive US bids

Brazilian slab export prices declined in the week to Friday June 16 amid slightly lower offers and even more aggressive bids from customers, especially in the United States.

Market participants indicated that producers could soon see their profit margins squeezed due to raw material costs increasing and finished steel prices plummeting in the US market. In the meantime,...


Renato Rostás

June 16, 2023

21:06 GMT

São Paulo