HRC export price increases in Brazil

Tuesday, 06 August 2019 22:14:28 (GMT+3)   |   Sao Paulo
       

Brazilian producers are negotiating HRC for export at $580/mt, against $570/mt last week, FOB conditions for the basic commercial grades to destinations other than the US.

In July, Brazil exported 46,900 mt of HRC, against 86,000 mt in June. ArcelorMittal exported 46,100 mt at $533/mt, while Usiminas exported 800 mt at $976/mt, all FOB conditions, with different quality grades, all destined to Latin American countries and price deals probably closed in May.


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