The reference price of hot dipped galvanized products, for export from Brazil to South American countries, is $850/mt today, against $900/mt four weeks ago, CFR conditions, having the G40 grade and 4.75 mm thickness product as reference.
In October, Brazil exported 16,700 mt and imported 27,600 mt of HDG, against respectively 13,600 mt and 21,000 mt in September, according to SECEX.
The exports of October were all destined to Argentina, in average at $1,271/mt, FOB conditions, and all shipped by ArcelorMittal.
The imports came from China (26,300 mt at $600/mt), South Korea (1,100 mt at $829/mt), and Europe (200 mt at $1,183/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 5,900/mt ($1,105/mt), against BRL 6,100 mt four weeks ago, ex-works, full taxes except IPI.
USD = BRL 5.34 (November 19)
