The Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $825/mt, against $835/mt 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 5,250/mt ($939/mt), against BRL 5,300/mt two weeks ago, ex-works, full taxes except IPI.
In June, Brazil exported 8,500 mt of HRC, in average at $660/mt, and imported 39,800 mt of the product in average at $602/mt, against respectively 26,800 mt at $727/mt and 60,100 mt at $595/mt in May.
USD = BRL 5.59 (July 22)