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Brazilian slab exports rise 45% in October

Brazilian slab exports rise 45% in October

Brazil exported 594,500 metric tons of steel slabs in October, up 45% from September. The increase was driven mainly by shipments to Europe, which rose from 30,000 to 190,700 metric tons, according to Secex, the foreign trade secretariat of the Ministry of Development, Industry, Trade and Services.

Ternium shipped 194,900 metric tons to the US at $642 per metric ton and 60,400 metric tons to Argentina at $583. ArcelorMittal Tubarão sent 123,500 metric tons to France, while ArcelorMittal Pecém shipped 55,100 metric tons to the US and 40,300 metric tons to Poland. Prices are on an FOB basis.

Brazil imported 28,800 metric tons of slabs from South Korea at $510 per metric ton for Usiminas. Exports totaled 5.438 million metric tons in January–October 2026, compared with 5.379 million metric tons in the same period of 2025.

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