Brazilian producers remain negotiating HRC for export in a range of $590/mt to $600/mt, FOB conditions for the basic commercial grades, the same reference price for two consecutive weeks, a local exporter told SteelOrbis.
In August, ArcelorMittal exported 181,200 mt of HRC at $592/mt, Usiminas exported 2,800 mt at $984/mt, and CSN exported 2,200 mt at $665/mt, all FOB conditions, with price deals probably closed in July.