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COMMODITYSCOPE | DAILY MARKET BRIEF

Steel·Commodity Hub

Steel Slab Prices

Slab on the stated basis.

Slab Market Assessments

Latest observation per series, with the change against the previous observation and its date

4 Market Series

Swipe sideways for basis, change and date. The unit is printed with each price.

Benchmark NameLatest PriceAssessment DateChange vs PreviousDelivery BasisTermTrend
$470.00/mt13 Aug 2026—FOBFOBn/a
$495.00/mt8 Oct 2026+3.00(+0.6%)
vs 24 Sep 2026
CFR Southeast AsiaCFR
$575.00/mt9 Oct 2026+15.00(+2.7%)
vs 25 Sep 2026
FOB Brazilian portsFOB
$585.00/mt9 Oct 2026+10.00(+1.7%)
vs 18 Sep 2026
CIF ItalyCIF
Specifications, coverage and how to compare

Trading Basis & Assessment Specifications

Each series keeps its own delivery basis and published unit.

Hub Coverage

  • 4 series with a loaded observation; 0 daily and 4 weekly.
  • Units: USD/mt (4).
  • Delivery terms in the basis column: FOB (2), CFR (1), CIF (1). Different delivery terms are not interchangeable; the gap may reflect freight, insurance, basis, parcel and timing differences.
  • Latest assessment dates range from 13 Aug 2026 to 9 Oct 2026; compare only series with the same date.

How to Compare These Series

  • All series in this hub are weekly assessments; the change shown compares two consecutive weekly readings.
  • FOB series (2) price the cargo at the loading port; CFR/CIF series (2) include freight to the named destination. Compare within one delivery term; the gap between terms may reflect freight, insurance, location basis, parcel size and timing, and is neither a margin nor a freight rate.

Based on each series delivery term, unit and type. No average across bases or units is computed for this hub.

Sources for the explanations on this page

Prices and dates are published observations. Counts and ranges above are computed from those observations (methodology).