Brazilian HDG export price continues to remain stable

Thursday, 03 May 2018 00:12:24 (GMT+3)   |   Sao Paulo
       

Brazilian producers remain negotiating hot dipped galvanized products (HDG) for export at $810/mt, FOB conditions, having the G40 grade and 4.75mm thickness product as reference, local exporters told SteelOrbis. Such reference price is stable since February.

After the imposition this week by US authorities of quotas for the exports of steel products from Brazil to the US, a new round of negotiations is about to start, which could result in different prices, probably higher, a market source told SteelOrbis.

In February, CSN exported HDG at $835/mt, ArcelorMittal at $978/mt and Usiminas at $844/mt, all FOB conditions, with price deals probably closed in December 2017.

In the Brazilian domestic market, HDG is sold today by distributors, in small volumes, at BRL 4,750/mt ($1,335/mt), ex-works, full taxes except IPI, having the Z-100, 1.11mm thickness product as reference. Larger volumes are usually entitled to discounts.

USD = BRL 3.56 (May 3)


Similar articles

US HDG imports up 20.9 percent in March

25 Apr | Steel News

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Chinese HDG export prices rise further, but at slower pace

25 Apr | Flats and Slab

Ex-India HDG prices decline but not enough to drive trade amid still low bids

25 Apr | Flats and Slab

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

US flat rolled prices steady at mid-month despite lack of availability

19 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 16, 2024

18 Apr | Flats and Slab

Ex-India HDG prices mainly stable but deals limited by low bids

18 Apr | Flats and Slab

Chinese HDG export prices rise amid hikes in local and futures prices

18 Apr | Flats and Slab

Brazilian HDG export prices decline

17 Apr | Flats and Slab