Brazilian producers are negotiating HRC for export in a range of $590/mt to $600/mt, FOB conditions for the basic commercial grades, the same reference as last week, a local exporter told SteelOrbis.
In August, Brazil exported 186,400 mt of HRC, in average at $599/mt, FOB conditions. ArcelorMittal exported 181,200 mt 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.