The reference price of hot dipped galvanized products (HDG), for export from Brazil to South American countries is $890/mt today, against $900/mt four weeks ago, CFR conditions, having the G40 grade and 4.75 mm thickness product as reference.
In March, Brazil exported 14,800 mt and imported 36,000 mt of HDG against respectively 89,600 mt and 42,100 mt in February, according to SECEX.
The exports of March were all destined to Argentina, shipped by Usiminas (8,000 mt at $1,335/mt) and by ArcelorMittal (6,800 mt at $1,004/mt), FOB conditions.
The imports were from China (33,500 mt at $597/mt), South Korea (1,700 mt at $1,027/mt), and Europe (800 mt at $1,121/mt), also FOB conditions.
In the Brazilian domestic market, HDG is currently sold by producers, in medium to large volumes, to end users or distributors, at BRL 6,250/mt ($1,065/mt), stable in BRL from four weeks ago, ex-works, full taxes except IPI.
USD = BRL 5.87 (April 14)
