HRC export price range declines in Brazil

Tuesday, 25 September 2018 22:49:17 (GMT+3)   |   Sao Paulo

Brazilian producers are negotiating HRC for export in a price range of $580/mt to $590/mt, against $590/mt to $600/mt over the last three weeks, both FOB conditions for the basic commercial grades, a local exporter told SteelOrbis.

In August, ArcelorMittal exported 181,200 mt of HRC at $592/mt, Usiminas exported 2,800 mt at $984/mt, and CSN exported 2,200 mt at $665/mt, all FOB conditions, with price deals probably closed in July.

LuizCompagnoni
Luiz Compagnoni
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I am a retired mechanical engineer, covering the steel industry in Latin America, from iron ore to finished products, over the last 20 years.

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