Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $950/mt, against $900/mt two weeks ago, FOB conditions for the basic commercial grades.
In the Brazilian domestic market, HRC of the basic commercial grades is sold by producers, in medium to large volumes, at BRL 5,700/mt ($1,154/mt), against BRL 5,600/mt two weeks ago, ex-works, no taxes included.
In January, Brazil exported 49,400 mt of HRC, in average at $720/mt and imported 15,200 mt at $613/mt, both FOB conditions.
USD = BRL 4.94 (March 4)