Brazil imported 19,400 mt of CRC in October, against 5,700 mt in September, at an average FOB price reduced by 10 percent to $476/mt.
The main origins were China (9,600 mt at $470/mt FOB) and Japan (7,300 mt at $425/mt FOB).
Total imports from Asian countries reached 18,300 mt, while 1,000 mt were shipped from the EU at $644/mt FOB.
Total imports from Asian countries reached 18,300 mt, while 1,000 mt were shipped from the EU at $644/mt FOB.
One trader in the northeastern state of Piaui, which imported 9,600 mt at $428/mt FOB, told SteelOrbis that he remains open to close new import deals for CRC at $500/mt FOB, which is in his view a more attractive price than the offers he receives from the steel producers in the southeast of the country.