A source from a Brazilian producer told SteelOrbis that Galvalume exports are currently negotiated at $1,100/mt, FOB conditions, the same reference price over the last four weeks. He added that Galvalume exports from Brazil remain of marginal interest, as the focus is with the domestic market.
In November, Brazil exported only 500 mt of Galvalume, of which 300 mt to the US at $1,209/mt, while 200 mt was shipped to South American countries at $990/mt, both FOB conditions, with price deals probably closed in September.
The reference price for Galvalume in the Brazilian domestic market remains at BRL 6,100/mt ($1,564/mt), ex-works, full taxes except IPI, with the AZ-150 grade as reference and sales by distributors in small volumes, a price stable in BRL over the last six weeks. Larger volumes or sales made directly by the producers are usually entitled to substantial reduction of prices.
Meanwhile, Brazil imported in November 26,700 mt of Galvalume from China at $773/mt, also FOB conditions.
USD = BRL 3.90 (December 6)
