Brazil exported 43,100 mt of hot dip galvanized (HDG) products to the US in March, 35 percent more than in February, according to the ministry of development, industry and foreign trade, MDIC.
Exports by CSN increased by 78 percent to 34,000 mt at $525/mt, while exports by Usiminas declined by 30 percent to 9,100 mt at $465/mt, both FOB conditions, price deals probably closed in January.
Total exports of Brazilian HDG in March reached 60,100 mt, with 17,000 mt shipped to Latin American countries, of which 12,300 mt to Argentina at $550/mt FOB, a figure that includes 3,300mt shipped by ArcelorMittal to Argentina at $515/mt, also FOB conditions.
A major exporter told SteelOrbis that he is exporting HDG products to the US at $625/mt, FOB conditions, with price and volume showing an uptrend.