According to sources, the reference price for slab exports from Brazil is $535/mt, FOB conditions for the basic commercial grades.
Such price compares to $530/mt one week ago, remaining in a range of $530-535/mt since August 5.
In September, Brazil exported 422,200 mt and imported 157,800 mt of slabs against 465,800 mt and 144,400 mt in August.
For October, both exports and imports are expected to decline from September, based on preliminary figures from customs covering the first two weeks of the month.