Brazilian producers are negotiating HRC for export to South American countries in a price range of $560/mt to $570/mt FOB, against last week’s range of $570/mt to $580/mt FOB, for the basic commercial grades, a local exporter told SteelOrbis.
For destinations other than South America, the reference price declined to $550/mt FOB, from $560/mt FOB last week, the source said.