Brazilian export offers for hot dipped galvanized products (HDG) remains at $700/mt, having the G40 grade and 4.75mm thickness product as reference, stable since an $80/mt decline eight weeks ago, FOB conditions.
As for Brazilian HDG imports, the last offer received from China was priced at $652/mt CFR conditions for a port in the South or Southeastern coast of Brazil, with reference to the Z100/SGCC grade.
In the Brazilian domestic market, HDG is currently sold by producers at BRL 3,432/mt ($641/mt), ex-works, no taxes included.
USD = BRL 5.35 (May 26)