HRC export price remains stable in Brazil

Brazilian producers remain negotiating HRC of the basic commercial grades for export at $610/mt, FOB conditions, a reference now stable for the third week, a local exporter told SteelOrbis.

In February, ArcelorMittal exported HRC at $531/mt, CSN at $539/mt, Gerdau at $432/mt and Usiminas at $763/mt, all FOB conditions, with price deals probably closed in December 2017.