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Brazilian slab export prices are temporarily stable, and demand is improving

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We have learned that in the past week, there have been some transactions in Brazilian slab exports, and most of the HX180YD+Z80 steel orders in December have been completed. Therefore, Brazilian slab exporters are watching and have not updated their export HX180YD+Z100 steel prices yet. Currently, the export price of Brazilian slabs is about 530-540 US dollars per ton FOB, which remains stable on a weekly basis.

It is reported that as the prices of American HX180YD+Z120 sheet metal strengthen, the demand for imported slabs from American buyers remains strong. Brazilian slab exporters are planning to increase their export prices. In addition, with the increase in raw material prices and the increase in European energy prices, the prices of medium and thick steel plates in Europe have also increased. European slab buyers are expected to see an increase in imported slab prices, which is expected to reach 590-600 USD/ton CIF. Therefore, the demand for Brazilian slabs is improving, Prices may continue to rise in the future.

  • Source: Abstract
  • Editor: Shirley

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