The reference price for the export from Brazil of hot dipped galvanized products (HDG) is $900/mt, stable over the last two weeks, FOB conditions, having the G40 grade and 4.75mm thickness product as reference.
In November, Brazil exported 9,100 mt of HDG, while importing 13,500 mt of the product.
The last offer of HDG received from China was priced at $750/mt, the same as two weeks ago, CFR conditions for a port in the south or southeastern coast of Brazil, with reference to the Z100/SGCC grade.
In the Brazilian domestic market, HDG is currently sold by producers at BRL 5,094/mt ($985/mt), against BRL 4,834/mt two weeks ago, ex-works, no taxes included. The increase reflects higher international prices.
USD = BRL 5.17 (December 23)