Brazilian producers are negotiating exports of HRC to South American countries at $610/mt, CFR conditions for the basic commercial grades, a price now stable for two weeks.
In December, ArcelorMittal exported 32,000 mt of HRC from Brazil at $440/mt in average, while Gerdau exported 4,700 mt at $687/mt, FOB conditions, with different quality grades and price deals probably closed in October.
