Brazilian producers are negotiating hot dipped galvanized products (HDG) for export at $820/mt, FOB conditions, having the G40 grade and 4.75mm thickness product as reference, local exporters told SteelOrbis. The price is stable over two weeks, following a period of stability at $810/mt since the first half of February 2018.
In April, CSN exported HDG at $821/mt, Usiminas at $1,036/mt and ArcelorMittal at $896/mt, all FOB conditions with price deals probably closed in February. The main destinations of the Brazilian HDG in April were the US (12,000 mt), Argentina (10,900 mt) and Mexico (600 mt), while smaller volumes were shipped to South Korea, Uruguay, Japan, China and Paraguay.
In the Brazilian domestic market, HDG is sold today by distributors, in small volumes, at BRL 4,680/mt ($1,256/mt), ex-works, full taxes except IPI, having the Z-100, 1.11mm thickness product as reference. Larger volumes are usually entitled to discounts.
USD = BRL 3.73 (May 31)
