Brazilian producers are negotiating rebar for export at $450/mt in average, FOB conditions, a local exporter told SteelOrbis.
The price, with the CA-50 grade, 10mm thickness product as reference, is relatively stable since February.
In March, for price deals probably closed in January, Gerdau exported rebar at $533/mt, while the Votorantim group exported the product at $473/mt, both FOB conditions.