According to the Brazilian foreign trade agency, COMEX, in July, the sea freight rates for imports of slabs from Russia were $66/mt for shipment to Minas Gerais via Rio de Janeiro, $47/mt for shipment to Rio de Janeiro, $60/mt for shipment to São Paulo, while slabs shipped from Japan to São Paulo were $80/mt.
For HRC, sea freight from China to the state of Amazonas was $47/mt, $38/mt to the state of Santa Catarina, $34/mt to the state of Piaui, and $100/mt to the state of Bahia. However, shipment from South Korea to the state of São Paulo was $91/mt.
For CRC, sea freight from China to Amazonas was $43/mt, to Santa Catarina $37/mt, and from South Korea to São Paulo it was $72/mt. The sea freight from Sweden to Santa Catarina was $45/mt.
For rebars, from Turkey to the south, sale was probably made under CFR conditions, with the importer indicating $4/mt when clearing customs.
The average freight rate for the Brazilian steel imports in July was roughly stable from June at $53/mt.
Such rates were probably negotiated in May.
