Brazilian producers are negotiating HRC exports with their South American clients in a reference price of $900/mt, stable from two weeks ago, FOB conditions for the basic commercial grades.
In August, Brazil exported 70,800 mt and imported 5,100 mt of HRC, against respectively 88,800 mt and 20,800 mt in July.
In the Brazilian domestic market, HRC of the basic commercial grades is sold, in medium to high volumes by steel producers, at BRL 6,200/mt ($1,146/mt), against BRL 6,150/mt two weeks ago, ex-works, no taxes included.
USD = BRL 5.41 (September 26)