The Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $810/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 5,750/mt ($1,007/mt), also stable in BRL from two weeks ago, ex-works, full taxes except IPI.
According to the foreign trade authority, SECEX, in February, Brazil exported 26,200 mt and imported 18,400 mt of HRC against 1,900 mt and 27,200 mt in January.
USD = BRL 5,71 (April 02)