Brazilian flats producers are negotiating HRC of the basic commercial grades for export at $430/mt, FOB conditions, against $420/mt FOB two weeks ago, one local exporter told SteelOrbis.
The source mentioned that the price has been hovering in the $420/mt to $430/mt range for over two months
In August, for price deals probably closed in June, ArcelorMittal exported the product at $404/mt FOB, while Gerdau Acominas exported at $456/mt FOB, having the EU (65,000 mt) and Latin America (49,000 mt) as main destinations.