The Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $730/mt, unchanged 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 4,560/mt ($874/mt), ex works, full taxes except IPI, also stable in BRL from two weeks ago.
According to sources, price increases scheduled for this month have not yet been implemented.
USD = BRL 5.22 (February 04)