The Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $740/mt, stable from two weeks ago, FOB conditions for the basic commercial grades.
In the Brazilian domestic market, HRC of the basic commercial grades is sold by producers, in medium to large volumes, at BRL 4,400/mt ($818/mt), full taxes except IPI, also stable over the last six weeks.
In September, Brazil exported 26,800 mt of HRC, in average at $513/mt, and imported 75,400 mt at $547/mt, against respectively 12,500 mt at $561/mt and 75,000 mt at $521/mt in August.
USD = BRL 5.45 (October 30)
