The Brazilian producers are negotiating HRC exports with their South American clients at a reference price of $800/mt, stable over the last six 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 5,700/mt ($981/mt) against BRL 5,800/mt two weeks ago, ex-works, full taxes except IPI.
In December, Brazil exported 27,900 mt of HRC and imported 9,700 mt of HRC against 5,500 mt and 69,600 mt in November.
For the total of 2024, Brazil exported 339,325 mt and imported 593,390 mt of HRC against 442,551 mt and 488,553 mt in 2023.
USD = BRL 5.81 (February 04)