Steel distributors in Sao Paulo are negotiating HRC for the domestic market at BRL 3,958/mt ($1,197/mt), against BRL 3,920/mt two weeks ago, ex-works, full taxes except IPI, having the 1008/1012 grades, 4.75mm thickness product as reference.
In February, Brazil imported from Ukraine 5,200 mt of HRC at $565/mt, from South Korea 1,100 mt at $654/mt and from China 600 mt at $524/mt, all FOB conditions.
The last offer of HRC received by Brazilian importers from China was priced at $615/mt, FOB conditions.
USD = BRL 3.306 (April 5)
