Brazil export-oriented slab prices stable despite high market activity

摘要

Brazil's export-oriented slab prices remained stable in the week ended Friday, although the market registered intense activity, said sources. S&P Global Platts assessed the Brazilian export-oriented slab price at $330/mt FOB Brazilian ports, based on a range of $320-$340/mt FOB in offers, bids and deals. “We have never received so many price inquires as this week,” said a sell-side source employing a bit of hyperbole on Friday and citing demand from Asia, Europe and the US.