[Brazilian Slab Exports Rise 64 Percent in June Driven by US, Europe, and Mexico Trade]

Published: Jul 7, 2026 13:33

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Brazilian slab exports surged by 64% in June to reach 642,200 metric tons (mt), up from 390,500 mt in May, primarily driven by stronger shipments to the US, Europe, and Mexico. Key shipments included Ternium's 299,100 mt to the US at $645/mt, and various ArcelorMittal exports to the US, Germany, Poland, Mexico, and Spain ranging from $483/mt to $638/mt, while Usiminas imported 49,100 mt of slabs from Vietnam at $482/mt. This significant volume increase indicates robust demand in North American and European markets, diversifying trade flows and boosting Brazilian mill revenues, which effectively tightens global merchant slab availability and supports upward market trends.

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