The Brazilian exports of HRC are currently being negotiated in a range of $490/mt to $510/mt, FOB conditions, having the basic commercial grades as reference, a local exporter told SteelOrbis.
The price range compares with $480/mt to $490/mt one month ago.
In November, Brazil exported 169,000mt of HRC, against 43,200mt in October, an increase reflecting chiefly exports by ArcelorMittal Tubarao increasing from 34,200mt to 130,200mt, according to the local ministry of industry, foreign trade and services, MDIC.
The main destinations were the EU (100,900mt), South America (42,600mt) and Asia (25,300mt).
HRC export prices increase in Brazil
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