The most recent offer of CRC received from China by Brazilian importers was priced at $662/mt, CFR conditions for shipment to a port in the south or southeaster coast of Brazil, with the SAE 1008/SPCC grade as reference.
The price reflects an increase of $17/mt in the last month, when CRC offers from China were at $645/mt, same conditions.
Brazil imported 27,500 mt of CRC in April, against 26,500 mt in March, according to the country’s ministry of industry, foreign trade and services, MDIC.
China was the main origin (14,600 mt at $612/mt), followed by Russia (10,100 mt at $569/mt), South Korea (1,300 mt at $715/mt) and Sweden (900 mt at $828/mt), all FOB conditions.
