Steel distributors in Sao Paulo are negotiating HRC for the domestic market in small volumes at BRL 3,765/mt ($909/mt), delivered to customer, full taxes except IPI conditions, stable in BRL from two weeks ago. The price refers to the 1008/1012 grades, 3.00mm thickness product, and it is usually entitled to significant discounts in case of large volumes or direct acquisition from producers.
In August Brazil imported 7,700 mt of HRC, against 16,000 mt in July.
The last offer of HRC received by Brazilian importers from China was priced at $555/mt, CFR conditions to ports in the Brazilian south or southeastern coast, having the A36/Q235 grade product as reference, a price stable from two weeks ago.
USD = BRL 4.14 (September 19)