A source from a major exporter told SteelOrbis that he is selling hot dipped galvanized products (HDG) with less than 4.75mm in thickness at $605/mt, FOB conditions, to clients in the US.
The price compares to $590/mt FOB one month ago and reflects chiefly increased steel prices in the international markets, the source said, adding that the reduced production in Brazil has also affected prices due to reduced availability of steel products in general.
In February, Brazil exported 31,900 mt of HDG to the US, at an average FOB price of $512/mt, price deals probably closed in December 2015.