The reference price for the export from Brazil of hot dipped galvanized products (HDG) is currently $1,250/mt, against $1,090/mt two weeks ago, FOB conditions, having the G40 grade and 4.75mm thickness product as reference. The increase repeats a scenario of higher international prices of the product and intensive domestic demand.
In April, Brazil exported 30,400 mt of HDG, in average at $800/mt, while importing 32,200 mt of the product at $716/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 7,870/mt ($1,479/mt), against BRL 6,801/mt two weeks ago, ex-works, no taxes included, an increase also dictated by higher international prices of the product.
USD = BRL 5.22 (May 25)