Brazilian producers are negotiating HRC for export to South American countries in price range of $520/mt to $550/mt, FOB conditions for the basic commercial grades, the same range as last week, a local exporter told SteelOrbis.
In January, Brazil exported 86,400 mt of HRC, in average at $536/mt, FOB conditions. The main destinations were South American countries (54,600 mt), Turkey (27,300 mt) and Vietnam (4,500 mt), while the exporters were ArcelorMittal Tubarao (65,500 mt), Usiminas (16,400 mt) and Gerdau (4,500 mt).
