Brazilian producers are negotiating Galvalume for export at $920/mt, FOB conditions, a local exporter told SteelOrbis. The new price compares with $940/mt FOB reported last week, which had trended stable since November 2017.
According to the source, Galvalume exports remain of secondary interest for local producers, which are giving priority to local sales, reducing the availability of material for export.
In the Brazilian domestic market, Galvalume is currently sold by distributors at BRL 4,800/mt ($1,515/mt), ex-works, full taxes except IPI, with the AZ-150 grade as reference. Such price compares with BRL 4,720/mt last week.
USD = BRL 3.17 (February 1)
