Brazilian producers are negotiating HRC to certain South American countries at around $540/mt, CFR conditions for the basic commercial grades, a price now stable for two weeks. The price refers to shipments to Uruguay, Argentina and Chile, with road transportation costs ranging from $40/mt to $50/mt.
In October, Brazil exported 131,000 mt of HRC, against 174,900 mt in September. Preliminary indications point to another decline of volume in November.
