The reference price of hot dipped galvanized products (HDG), for the export from Brazil to South American countries is $1,050/mt today, stable from four weeks ago, CFR conditions, having the G40 grade and 4.75 mm thickness product as reference.
In June, Brazil exported 12,900 mt and imported 41,300 mt of HDG, against respectively 15,200 mt and 42,700 mt in May.
The exports were destined to South American countries (10,100 mt at $1,635/mt) and to the US (2,800 mt at $1,257/mt), FOB conditions, shipped by Usiminas (12,400 mt at $1,553/mt), CSN (300 mt at $1,721/mt) and by traders (200 mt at $1,315/mt), all FOB conditions.
The imports came from Asia (41,100 mt, of which 31,600 mt at $741/mt from China) and Europe (200 mt at $1,572/mt), also 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 6,500/mt ($1,343/mt), against BRL 6,253/mt three weeks ago, ex-works, no taxes included.
USD = BRL 4.84 (July 17)