The reference price of hot dipped galvanized products (HDG), for export from Brazil to South American countries is $940/mt today, against $960/mt four weeks ago, CFR conditions, having the G40 grade and 4.75 mm thickness product as reference.
In June, Brazil exported 13,900 mt and imported 59,900 mt of HDG, against respectively 115,600 mt and 61,500 mt in May.
The destinations of the exports in June were the US (8,000 mt at $1,016/mt) and South American countries (5,800 mt at $1,110/mt), FOB conditions. A small volume was shipped to South Korea.
The exporters were Usiminas (8,300 mt at $1,023/mt) and ArcelorMittal (5,400 mt at $1,103/mt), while small volumes were exported CSN and by traders.
The imports were from Asia (59,800 mt, of which 52,100 mt at $693/mt from China), and Europe (100 mt at $1,668/mt), also FOB conditions.
In the Brazilian domestic market, HDG is currently sold by producers, in medium to large volumes, to end users or distributors, at BRL 6,100/mt ($1,125/mt), against BRL 6,300/mt four weeks ago, ex-works, full taxes except IPI.
USD = BRL 5.42 (July 16)