Brazilian producers remain exporting HRC of the basic commercial grades in a range of $580/mt to $600/mt, FOB conditions, a local exporter told SteelOrbis.
According to the source, ongoing HRC export deals are affected by the lack of a clear trend within the slab export market in Brazil, as the prices of the two products are correlated in FOB export terms.
Preliminary indications by the country’s customs authorities point to a significant increase of HRC exports in October, from the 180,200 mt exported in September.
