A Brazilian exporter told SteelOrbis that $570/mt, FOB conditions, is the new reference price for the export of HRC of the basic commercial grades.
The reference price of the product has consistently increased from a range of $520/mt to $530/mt three weeks ago.
Preliminary data unveiled by Brazilian customs authorities point to a significant increase in Brazilian HRC exports in August from the 117,800 mt exported in July.
