The Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $800/mt, stable over the last four weeks, 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 5,800/mt ($917/mt) against BRL 5,500/mt two weeks ago, ex-works, full taxes except IPI.
In December, Brazil exported 27,900 mt of HRC in average at $616/mt and imported 9,700 mt at $627/mt against 5,500 mt at $671/mt and 69,600 mt at $582/mt in November, all FOB conditions.
USD = BRL 6.00 (January 22)