Brazilian producers remain negotiating HRC for export at $570/mt, FOB conditions for the basic commercial grades, the same price over the last three weeks, a local market source told SteelOrbis.
In June, Brazil exported 86,000 mt of HRC, in average at $519/mt, FOB conditions, with different quality grades and price deals probably closed in April. The main destinations were Portugal (28,900 mt at $537/mt), Latin America (26,900 mt at $540/mt), Turkey (24,300 mt at $499/mt), and Vietnam (5,900 mt at $410/mt).
The exporters were ArcelorMittal (50,600 mt at $519/mt), CSN (28,900 mt at $537/mt), Gerdau (6,000 mt at $410/mt), and Usiminas (500 mt at $730/mt).
