A major exporter confirmed to SteelOrbis that he is exporting Galvalume this week at the same FOB price, $824/mt, after a $30/mt increase earlier this month.
In November, for price deals probably closed in September, Brazil exported 1,900 mt of Galvalume, 56 percent less than in October, at a stable FOB price of $860/mt. All the exports were by CSN and destined to the US.
Meanwhile, Brazil imported from China 20,100 mt of Galvalume and similar Aluminum-Zinc coated products at $593/mt, FOB conditions, comparable with 11,900 mt at $554/mt FOB in October.
Brazilian imports of Galvalume, despite the reduced domestic demand, remain pushed by the domestic prices, which usually exceed $1,000/mt, ex-works, full taxes except IPI.