The reference price for Brazilian hot dipped galvanized (HDG) exports to South American countries is $1,420/mt, stable from three weeks ago, FOB conditions, having the G40 grade and 4.75 mm thickness product as reference.
In April, Brazil exported 19,300 mt of HDG, in average at $1,305/mt, and imported 31,900 mt of the product at $1,170/mt, against respectively 38,000 mt at $972/mt and 49,200 mt at $1,144/mt in March, both FOB conditions.
In the Brazilian domestic market, HDG is currently sold by producers, in medium to large volumes, to end users or distributors, at BRL 8,000/mt ($1,646/mt), stable in BRL from three weeks ago, ex-works, no taxes included.
USD = BRL 4.86 (June 7)