Brazilian producers continue to negotiate HRC for export at $570/mt, the same price over the last two weeks, FOB conditions for the basic commercial grades, a local market source told SteelOrbis.
In May, Brazil exported a monthly record in recent years of 486,900mt of HRC, reflecting chiefly exports of 373,900mt by ArcelorMittal Tubarao to Vietnam, at a declared average FOB price of $488/mt, different quality grades and price deals probably closed in March.
