Brazilian producers are negotiating exports of HRC of the basic commercial grades at $570/mt, FOB conditions a reference price stable from last week.
In February, Brazil exported 48,700 mt of HRC, against 61,100 mt in January. ArcelorMittal exported 41,800 mt at $421/mt, while Usiminas exported 6,900 mt at $711/mt, both FOB conditions, different quality grades and price deals probably closed in December.
The main destinations were Turkey (24,700 mt at $402/mt) and Latin America (23,400 mt at $529/mt).
