Brazilian producers are still offering rebar for export at $467/mt, FOB conditions, the reference price for the CA-50, 10mm thickness product, a source linked to a local producer told SteelOrbis.
The price is stable in three weeks, following an 8 percent increase earlier in July.
In the Brazilian domestic market, rebar remains sold at the equivalent to $730/mt, FOB conditions, also stable over three weeks.
In June, Brazil exported rebar in average at $469/mt, FOB conditions, with price deals probably closed in April.