Brazilian producers are negotiating HRC of the basic commercial grades for export at $600/mt, FOB conditions, against last week’s reference price of $610/mt FOB, which had remained stable over five weeks, a local exporter told SteelOrbis.
In February, ArcelorMittal exported HRC at $531/mt, CSN at $539/mt, Gerdau at $432/mt and Usiminas at $763/mt, all FOB conditions, with price deals probably closed in December 2017, with price differences derived chiefly from quality grades and destinations, among other factors.
The main destinations were the EU (54,800 mt), Latin America (44,500 mt) and Asia (44,100 mt).
