Brazil exported 198,400 mt of HRC in November, 3.6 percent more than in October, according to the ministry of development, industry and foreign trade, MDIC.
The increase reflects mainly exports of 53,500 mt to Turkey at $264/mt, FOB conditions, from ArcelorMittal Tubarao, against no exports to that country in October.
Other main destinations were Asia (up 21.2 percent to 41,500 mt), the US (down 50 percent to 38,700 mt), the EU (up 88 percent to 35,200 mt) and Latin America (down 52 percent to 29,400 mt).
The main exporters were Arcelor Mittal Tubarao (119,000 mt at $276/mt), CSN (44,300 mt at $351/mt), Usiminas (30,300 mt at $408/mt) and Gerdau Acominas (2,600 mt at $321/mt), all FOB conditions.
In the Brazilian domestic market, HRC are sold at BRL2,700/mt ($720/mt), FOB, full taxes except IPI, a distributor in Rio de Janeiro told SteelOrbis.
USD = BRL 3.75 (December 9)