Brazilian producers are negotiating HRC for export to South American countries in a price range of $580/mt to $590/mt, FOB conditions for the basic commercial grades, the same range as last week, a local exporter told SteelOrbis. For destinations other than South America the reference price is also stable at $560/mt FOB.
Preliminary indications by the local customs authorities point to a decline in November, from the 99,000 mt of HR coils exported from Brazil in October.
