The last offer of CRC imports from China was priced at $565/mt, against $570/mt four weeks ago, CFR conditions for shipment to a port in the south or southeastern coast of Brazil, with the SAE 1008/SPCC grade as reference.
In October, Brazil imported 18,900 mt of CRC, compared with 5,900 mt in September.
The main origins were South Korea (17,000 mt at $599/mt), Sweden (1,100 mt at $770/mt) and China (600 mt at $663/mt), all FOB conditions and different quality grades. Small volumes were imported from Taiwan and Japan.
Meanwhile, Brazil exported 29,000 mt of CRC in October, against 1,200 mt in September, destined chiefly to the EU (28,200 mt at $547/mt), also FOB conditions and different quality grades.